Alternatives
Plan is seeking private credit management services for a $30 million to $65 million allocation.
The plan approved changes to its asset allocation at a board meeting today.
They will be responsible for over $750 million in alternative and asset allocation mutual fund and private client separate account strategies.
Alternative investment managers Apollo Global Management, Ares Management Corporation and Oaktree Capital Management have announced a $90 million initiative for students attending three Historically Black Colleges and Universities to introduce them to the alternative investment industry.
A group of seed stage investors have announced the launch of Screendoor, a $50 million venture capital fund-of-funds focused on investing in seed stage and early-stage funds from underrepresented communities.
The plan added two private markets commitments and named a new ceo.
A Midwestern employees pension plan concluded the second phase of its search with the hire of two managers at today’s investment board meeting.
The plan loses its interim executive director as it nears a replacement selection.
Plan approved diverse private equity manager commitments to four funds totaling $35 million.
A fund in the South has issued its RFP seeking an investment consultant to help oversee its endowment portfolio.