Alternatives
A Mid-Atlantic plan tweaked its asset allocation and disclosed roughly $347 million in recent commitments at today’s board meeting.
The plan made four private equity commitments in closed session.
The plan will commit a total of $3.4 billion to private equity, private credit, real estate and real assets in fiscal year 2022 starting July 1.
An Eastern state plan received a domestic small- to mid-cap value equity manager recommendation last month and made several changes to its hedge fund portfolio in April.
Plan will conduct operational due diligence on two marketable alternatives finalists before entertaining a final action on approval.
Plan made several investment decisions in the first quarter.
The plan made commitments to an infrastructure fund and a private debt fund.
The plan will immediately begin a search for an independent investment consultant.
Plan has issued an RFP for discretionary private markets advisory services and hopes to wrap up the search in the third quarter.
The plan is seeking up to two domestic large-cap growth equity managers and a defined contribution consultant.