Alternatives

High-Yield
Calif. Plan Concludes High-Yield Fixed-Income Search; Approves PE Commitments

The plan concluded its high-yield fixed-income manager search and disclosed up to $555 million in private equity commitments at its board of investments meeting this week.

04.16.21
Absolute Return
Calif. Plan Restructures Absolute Return Portfolio; Hires Overlay Provider

A California plan restructured its absolute return portfolio and hired an overlay services provider at yesterday’s board meeting.

04.16.21
GTAA
Midwest Plan To Consolidate GTAA Portfolio

The plan voted to reduce the managers handling its global tactical asset allocation portfolio from three to two at a meeting yesterday.

04.16.21
Non-U.S. & Global Equity
Northwest State Plan Hires Global Equity Mgrs.; Adds Private Commitments

A Northwestern state fund hired three global active equity managers and added two private markets commitments at its board meeting today.

04.15.21
Alternatives
Southeast Plan Discloses Private Commitments

The plan disclosed new commitments to private equity, credit and an infrastructure fund at today’s meeting.

04.15.21
Surveys/Studies
Investors Expected To Increase Allocations To Cryptocurrencies, Study Shows Long-Term Benefits

Professional investors are expected to increase their exposure to alternative investments, including cryptocurrencies over the next two years, according to a new study.

04.14.21
Alternatives
Southern University Approves PE, RE Commitments; Makes Changes To Equity, FI  Mgrs.

A university in the South approved commitments to private equity and real estate funds within its endowment and changes to the public equity and fixed-income managers within its endowment and operating pools at its investment committee meeting last week.

04.14.21
Hedge Funds
New England Plan Concludes HF Partner Search

The plan hired a firm that will help build a direct hedge fund portfolio.

04.14.21
Small-Cap
New England Plan Makes Small-Cap Value Hire; Watching HFoFs

The plan made a small-cap equity manager switch and is watching its hedge fund-of-fund managers.

04.14.21
Alternatives
Mid-Atlantic Plan Discloses Recent Commitments

A Mid-Atlantic plan disclosed $650 million in new commitments at its investment advisory committee meeting today.

04.14.21