Alternatives
The plan will interview three firms to replace its longtime incumbent in April.
The plan hired two firms in its diverse private equity fund-of-funds search this week.
New managing director will focus on business development and capital partners.
The plan approved an amendment at today’s meeting that will see its contract with an existing manager terminated later this year.
Infrastructure represents a new asset class while the high-yield search is due to procurement rules.
The plan approved two commitments at a meeting today as part of its private markets pacing plan.
The plan added an infrastructure commitment in January and funded several new investments in December.
Commitments to private equity fund-of-funds and secondaries will help to rebuild private equity allocation.
A Wisconsin pension plan is targeting searches in private debt and defensive equity following approval of a new asset allocation last week.
A Virginia-based pension plan terminated a REIT manager last week and discussed the termination of a hedge fund-of-funds manager in August.