Alternatives

The plan will conduct a search to replace a manager that decided to discontinue its fund.

The plan made two private equity commitments as it looks to commit to 11 total funds.

The plan added one firm on watch for underperformance and two more for organizational concerns.

A Southern state plan added a commitment with an existing private equity fund-of-funds manager and approved a real estate commitment at its board meeting last week.

The plan hired three international small-cap equity managers and moved from a domestic large-cap value manager to a large-cap core strategy in the first quarter.

The plan may look at adding more one more private credit fund this year.