Plan terminated the investment in the third quarter and moved the assets to a long/short equity strategy.
A Rocky Mountain pension plan approved a venture capital fund-of-funds commitment for pacing purposes at its board meeting yesterday.
Private equity firm makes deal to build ESG proficiency
Plan added a $5.25 million commitment to a venture capital fund-of-funds earlier this month.
The plan made two commitments totaling $25 million with existing managers.
A university in New England approved adding new global equity and hedge fund managers to its endowment at its investment subcommittee meeting last month.
A fund in the Midwest approved two credit commitments at its December board meeting in a shake-up of its fixed-income portfolio.
A Midwestern employees’ pension plan has launched a search for absolute return investment strategies.
Plan will seek private credit portfolio manager and syndicated bank loan managers in the first quarter.
The pension plan will consolidate its general investment consulting and strategic alternatives consulting roles into a single relationship.