Alternatives
A Midwestern plan approved a private credit commitment with Raven Capital Management as well as a 2021 private markets pacing plan at its investment committee/board meeting today.
A Northeastern state pension plan approved private equity and real estate commitments at today’s board meeting.
Plan rescinded one of two distressed debt commitments it approved earlier this month after failing to come to terms.
The pension fund may look at adding a third private equity fund in the future for further vintage year diversification.
A Southwestern institutional investor approved private markets investments and one full redemption.
A Windy City retirement plan added $50 million in private equity fund-of-funds commitments at today’s board meeting.
A Mid-Atlantic pension plan approved establishing a maiden 5% allocation to private infrastructure last week.
A Midwestern pension plan approved an additional real estate commitment at its meeting last week.
A California pension plan wrapped up a risk parity manager search at last month’s board meeting.
A Rocky Mountain-based pension plan added a maiden target to infrastructure and eliminated its target to MLPs as part of a new strategic asset allocation policy.
