Plan will hear presentations from four value-add real estate finalists at next month’s board meeting.
The plan added two commitments with new and existing managers yesterday.
The plan made a credit commitment with a new manager and approved 2022 pacing plans yesterday.
Appointee will target infrastructure assets that advance the global energy transition and drive reductions in carbon emissions.
Hire will also be responsible for developing and implementing the Toronto-based firm’s global real estate investment strategy.
An endowment in a Western state has added a new core real estate manager following a search initiated last year.
A foundation based in the Midwest is looking to add new private equity commitments this year.
The plan is set to discuss private equity, infrastructure and private debt in either March or April.
Plan staff and the general consultant expect to provide educations on private debt and infrastructure in the second half of the year.
The plan will look to commit up to $50 million to infrastructure managers either through existing relationships, MWDBE managers or through a search for products in the market.