Alternatives

Digital assets have emerged as a major area of focus for institutional investors with over 80% of endowments and foundations expecting to increase their investments in cryptocurrencies and other digital assets this year, according to a recent survey.

Plan’s hedge fund committee considered terminating a hedge fund manager and adding two commitments last week.

The plan committed to two existing managers and bolstered its public equity staff.

Plan selected Siguler Guff & Company over Brooke Private Equity Advisors yesterday.

Revised asset allocation raises private equity and real assets targets for long-term investment pool to take advantage of its long-term investment horizon and add more balance to the portfolio.

Plan will seek infrastructure managers to complement its existing portfolio.