Alternatives
The plan made several commitments to private markets funds last week.
The plan added approximately $730 million across six fund commitments this week.
Plan is seeking both general investment consulting and private markets consulting services in an invitation-only search slated to begin next week.
The plan also closed on commitments totaling $1 billion.
The plan made commitments totaling $500 million to three funds and retained its incumbent to advise on its defined contribution plans last week.
The plan will invest $100 million into a private equity fund-of-one over the next five years.
The plan will review an asset allocation peer comparison at its meeting this week.
The plan anticipates selections in the non-discretionary and discretionary portions of the search to take place in May and August, respectively.
Plan is searching for a multi-asset credit manager to fill a maiden allocation to the asset class.
The plan will consider active core and core-plus fixed-income manager hires in May as a result of a new asset allocation that also eliminated its 2.5% risk parity target yesterday.