Alternatives
The plan added a follow-on $250 million direct ending commitment earlier this month.
Plan will potentially launch an RFP for an emerging markets equity manager after adding a second firm to diversify its exposure to the space this week.
The plan approved an infrastructure commitment with an existing manager and was informed of two credit commitments at yesterday’s board meeting.
The plan approved committing $90 million across three private debt managers.
The fund added two private debt strategies to its portfolio as it has looked to increase allocations to private markets following approval of a revised target allocation last year.
While diversity, equity and inclusion investments garner attention from the broader industry, U.S. venture capital firms have dedicated less than 2% of their assets to DEI investments, a new study finds.
The plan will receive a private equity pacing model in February.
The plan approved eliminating its global asset allocation target at a meeting today.
The plan recently committed to four private markets managers.
The plan is set to receive pacing plans for private equity, real assets and credit this week.