Alternatives

The plan made two commitments to close its allocation gap relative to the asset class target.

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.

A trust fund in the south approved a new target asset allocation including a maiden allocation to hedge funds at its first quarter board meeting.

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.