Alternatives
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.
Plan directed its general investment consultant to return with a search on “best ideas” real assets strategies.
The plan expects to launch a general investment consultant search this summer.
A venture capital firm based on the West Coast has closed its oversubscribed first fund, which focuses on early-stage investments in technology-enabled companies led by Latinx and diverse founders, with a few prominent foundations participating.
A university in New England approved a venture capital fund-of-funds commitment within its endowment at its investment committee meeting last month.
A university based in the Midwest approved an allocation with a hedge fund manager within its non-endowment portfolio this month.
The plan selected two firms to manage a total of $30 million.