Alternatives
Plan added $250 million in new commitments across the second quarter.
The board terminated three managers to “harmonize” the equity portfolios between its plans.
The plan is considering two private markets managers for its emerging manager program.
Plan disclosed up to $189.5 million in new venture capital and real estate commitments.
The plan made a commitment to one new manager alongside two follow-on commitments.
The plan committed $25 million to a buyout strategy last month.
The plan’s board committed $50 million total to a new private equity manager and was notified of a $30 million co-investment yesterday.
The discretionary manager has closed its inaugural private equity environmental impact fund with more than $140 million in client commitments.
The Midwestern based firm has launched a partnership with tribal governments nationwide to provide access to capital to indigenous entrepreneurs and offer education about the opportunities and pathways that exist for success.
The consultant will be responsible for a $3.7 billion opportunity portfolio.