Alternatives
The plan terminated a pair of mandates with Bridgewater Associates at today’s board meeting.
The plan disclosed two private equity commitments totaling $125 million at a board meeting today.
The plan hired two managers to handle its new collateralized loan obligations allocation at a board meeting today.
The plan approved a commitment to an existing private equity manager at today’s board meeting.
The plan will conduct an international small-cap equity manager search as part of a new asset allocation.
Plan approved up to $405 million in new alternatives commitments this week.
Plan added a $50 million follow-on credit commitment at this week’s board meeting.
Plan committed $1.5 million to a new senior direct lending commitment following review of a search report last week.
A Midwestern plan hired a currency overlay manager and added commitments totaling $508 million this month.
The plan made its first private equity commitment for 2021 and is targeting $35 million for the year as part of its pacing plan.