Alternatives

A Northwestern fund approved two fiscal year 2022 pacing plans this week.

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

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.