Alternatives
The firm has opened a new office in Shanghai to emphasize its commitment to the Asia Pacific region and now has six locations in the region.
The investment advisor has hired three analysts for its alternatives-focused consulting business that serves endowments and foundations.
The institution approved committing $10 million to a lower middle market buyout strategy managed by a new firm in late 2022.
The plan hired a convertibles manager within its non-core fixed-income portfolio last quarter.
The plan made commitments to existing relationships, added a new credit manager and approved the hire of a new public markets consultant at its Feb. 16 meeting.
The plan hired an international growth equity manager and committed to two existing private equity managers last month.
The plan has $39 million remaining to be committed to three private equity funds in 2023.
The plan disclosed private equity, tangible assets and real estate commitments with existing managers at its meeting yesterday.
The plan committed to a new credit manager earlier this month.
The plan approved a core-plus fixed-income manager search and terminated its hedge fund-of-funds mandate as the result of a new asset allocation policy.