Alternatives

The plan made its initial investment in private credit after approving the asset class last year.

The plan hired two international small-cap equity managers following an RFP search.

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.