Alternatives
A university in the South increased its domestic equity target last year at the expense of its international equity, absolute return and long/short allocations.
Wellington Management has hired two senior investors for its private market sustainable investing team, the firm announced.
Plan shifted its emerging markets equity allocation to an active manager at the end of 2020.
The plan is looking to invest $10 million in a diversified strategy.
Plans investment committee will review three proposed alternatives commitments this week.
The plan invested up to $15 million total into two diverse-owned private credit managers on Friday.
The plan hired launched a private equity manager search and wrapped up another in real estate.
The plan disclosed the hire of a new emerging market debt manager at today’s board meeting.
The plan hired a venture capital manager at its board meeting yesterday.
They will oversee traditional strategies and alternatives, including private strategies and hedge funds, the firm said.