Alternatives
The plan made private credit, private equity and real estate commitments at recent investment committee meetings.
The plan hired two firms that will target emerging and diverse private equity, real estate and private credit managers.
The cfo previously served as the firm’s managing director and head of asset management for infrastructure.
The plan committed $12 million total to its new private equity and private credit asset classes.
The plan recently placed an international large-cap equity manager on watch due to underperformance and made $80 million in total private equity commitments.
The plan disclosed various private markets commitments at its board meeting last week.
The plan will interview two firms next month to handle nearly $200 million.
The plan disclosed various recent private markets commitments at its board meeting today.
The search is for pacing purposes and is seeking manager to handle $100 million.
The plan disclosed three private equity commitments and one real assets commitment.