Alternatives
The plan is looking to create a broadly diversified private credit portfolio.
The plan made a private equity commitment and approved a hedge fund redemption at today’s board meeting.
The former managing director for alternative investments at a college based in the Midwest, which outsourced the management of its endowment, has joined a private investment firm as a managing partner.
The institution approved a commitment to a private equity fund focused on the intellectual property of musical artists in August.
The pension plan approved a new asset allocation policy that introduced a new asset class and eliminated two existing asset classes last week.
The firm has updated its investing leadership structure, forming a globally-focused investment management leadership team, in preparation for its next phase of growth.
The joint venture will provide flexible private credit solutions that support the needs of lower and middle market businesses.
The pension fund approved the search for a maiden private markets consultant at a board meeting earlier this month.
The organization pivoted its asset allocation toward domestic large-cap equities as part of revisions and also added a real assets strategy.
The pension fund also concluded an emerging market debt manager search with a hire at today’s board meeting.
