Alternatives
The plan also made two private markets commitments today.
The fund approved a maiden commitment to a private credit secondaries strategy during its August board meeting to take advantage of discounts in the credit secondaries market.
The consultant is acquiring an alternatives investment firm that provides solutions including insurance-linked securities, private credit, hedge funds and impact investing.
The retirement system added three team members, including two managing directors, to its staff.
The plan’s incumbent has been serving in the role since 2017.
The firm has added a principal to help lead new deals out of its latest fund and support its portfolio companies.
A state investment fund based in the Great Plains region will vote on a new commitment to a private credit secondaries vehicle.
An endowment fund based in a Southern state has slated interviews with five finalists in its direct lending manager search launched earlier this year.
A university system based in a Southern state has approved a commitment to a global macro hedge fund strategy.
The plan also terminated eight managers as part of a public equity implementation.