Alternatives
The plan hired four private credit managers as part of a search at today’s board meeting.
The plan s seeking firms interested in serving as a non-discretionary investment consultant in one or any combination of capacities across private markets.
The West Coast venture firm and incubator has hired a new investor, who was most recently an analyst at a Southern healthcare system.
A global alternative asset manager has made a slew of new hires and appointments recently.
The pension fund approved new private markets commitments across private equity, credit and real assets at today’s meeting.
The pension system made $116.5 million in new private markets commitments in July.
The plan is considering a 4% dedicated allocation to private investment grade credit.
The retirement system made commitments to two firms today after interviewing four managers last month.
The plan’s investment committee also approved reallocating assets from a Japan equity portfolio at a meeting yesterday.
The plan also approved $320 million in alternatives investments at this week’s meetings.
