The plan hired an emerging manager consultant this summer.
CLARIFICATION: The West Virginia Investment Management Board committed $70 million each to ABR Capital Partners’ ABR Chesapeake Investors VII and TPG Angelo Gordon’s TPG AG Credit Solutions Fund III at its July 22 real estate committee meeting. Incorrect fund names and commitment amounts were included in yesterday’s FIN Daily based on plan provided materials.
The retirement system added a trio of domestic core-plus fixed-income investments at last week’s board meeting.
The pension fund is seeking U.S. residential real estate managers to handle at least $50 million.
The retirement system authorized its cio to terminate several public markets investments last month.
The plan’s core-plus fixed-income mandate assets have been redistributed to other bond managers.
City Controller Chris Hollins wants any investigation into his office’s fundraising practices to extend to the Mayor’s State of the City event, he said in a letter to the Office of Inspector General and City Council Ethics Committee.
The pension fund also added several private markets commitments in recent months.
The county launched a similar search last year seeking a firm to provide the services for a one-year period.
Kevin Blitz joins the firm’s direct lending platform as a managing director.