Alternatives
The plan approved credit and real assets commitments with potentially new managers.
Plan postponed a search for an advisor to oversee its private equity and private credit allocations to allow for its cio to participate.
Investment Consultant Launches Digital Assets Advisory Group
The plan terminated an international large-cap equity manager as part of several changes to its overseas equity portfolio approved last month.
Plan concluded recent private equity and private debt searches with a pair of commitments to each asset class.
The plan terminated two existing managers and added commitments totaling roughly $912 million in October.
Plan’s investment committee approved a commitment to the most recent fund with an existing relationship.
The plan has earmarked its calendar for January to receive private equity and real estate manager presentations for potential commitments.
Plan is scheduled to issue an RFI for value-add real estate managers on Friday pending approval at this week’s board meeting.
The plan added a second firm to its emerging manager program and continued to build out its private credit portfolio.
