Alternatives

Plan will conduct an RFP for multi-asset credit managers later this year as the result of asset allocation changes that also include a maiden private debt target approved at today’s board meeting.

Plan added a $13 million private equity commitment as part of its annual pacing plan in the asset class.

A fund based in the Midwest approved increasing its targets to public equities and alternatives earlier this week following a recommendation from its general investment consultant.

A fund in the South approved a real assets co-investment at its board meeting this week.

The plan approved two private equity commitments at its May board meeting.

The plan is looking to invest in three North American buyout strategies.