Alternatives
The plan has begun its search for private equity fund-of-funds managers following its May approval.
A senior portfolio manager at the Texas Treasury Safekeeping Trust Company left to join TSG Consumer Partners as a managing director of investor relations last month.
Preqin has appointed a head of ESG to further develop its ESG product suite and work with external stakeholders to support the alternative assets industry in navigating the ESG reporting landscape.
The plan added a private credit commitment with an existing manager and named its new executive director today.
The plan expects that the selected firm will handle an up to $20 million mandate.
The plan has selected finalists for two of its ongoing manager searches.
The plan has issued an RFP for direct lending strategies as it is currently underweight to private debt.
Plan will launch its RFPs for both private equity and private debt managers in the coming days.
The commitments satisfy the plan’s 2021 and 2022 private credit pacing schedules.
A Midwestern plan has disclosed a private credit commitment with an existing manager.