Alternatives
The plan approved three alternatives commitments at its board meeting last week.
A new survey finds institutional investors remain optimistic about private markets and alternative asset classes’ ability to buoy their portfolio despite economic uncertainty.
The retirement system committed to three existing manager relationships and one new manager relationship in the first quarter.
The university’s former cio left at the end of 2024 to join a venture capital manager, where they are involved with strategic partnerships and impact.
The retirement system committed to funds with two new manager relationships last week.
The infrastructure commitment was under consideration at a meeting this week to complement an existing manager as the health system is also underweight its target to the asset class.
The role oversees the firm’s engagement with institutional and private investors to support its growing platform and long-term investment strategy.
The alternative credit team additions reinforce the firm’s commitment to providing institutional and high-net-worth investors with an increasing number of differentiated alternative investment offerings.
The fund’s general investment consultant is recommending a private credit commitment to an evergreen strategy targeting an initial fundraise of $1 billion to $2 billion.
The plan voted to hire new general investment and alternatives consultants at last week’s board meeting.