Alternatives
A Midwestern employees pension plan concluded the first phase of an ongoing search with the hire of two multi-strategy and two mezzanine opportunistic credit managers at today’s board meeting.
Plan added a $20 million private equity commitment at its board meeting Thursday.
The plan will target co-investments, growth equity and special situations.
Plan will finalize three private equity commitments and a real estate commitment this week.
The plan will receive an updated private credit education and discuss funds coming to market at its May meeting.
The plan disclosed several private markets commitments in February.
A Rocky Mountain pension plan terminated its hedge fund-of-funds manager following a ten-year forward looking asset allocation study.
A university based in the Midwest approved new emerging markets equity, private equity and private real estate investments in late February.
A university in the Midwest disclosed follow-on commitments to venture capital and real estate managers within its long-term portfolio made over the last year.
Plan has issued an RFP for general investment and private assets consulting services after postponing a previous search in 2018.