Plan added public markets and private equity investments at last month’s board meeting.
The plan made commitments to two new relationships at today’s board meeting.
The plan eliminated a nearly $300 million frontier markets equity portfolio and made commitments of more than $2.1 billion in the fourth quarter.
The fund is seeking firms to handle a portfolio of private placement corporate bonds as well as securitized credit investments.
The plan’s discretionary private credit advisor will look to commit $500 million annually to private credit.
The plan made commitments of $10 million each in private credit and multi-family housing at its meeting today.
A Texas pension plan added a follow-on private equity commitment at this week’s board meeting.
Plan made several manager changes to its equity portfolio as part of a transition conducted by its new general investment consultant.
The acquisition aims to expand Hamilton Lane’s presence and capabilities in the U.S. private wealth channel.
Diversified and actively managed portfolios will be the best way for nonprofits to meet their spending needs in a continually challenging market environment over the next several years, according to a recent survey.