Alternatives
The plan disclosed two private equity commitments and its exposure to the bankrupt cryptocurrency exchange yesterday.
The firm added two operating partners to work with management and investment teams to build value with its portfolio companies.
Legal firm’s investment management group found market for alternative data has become mainstream but also has room for growth.
The fund focuses on early-stage start-up companies in the U.S. or Israel.
The trust fund added private equity and private infrastructure commitments as part of the buildout of illiquid assets in its portfolios.
The plan rehired its cash overlay manager and terminated a portable alpha manager.
The fund is looking for multi-family real estate specialist managers as it looks to transition some of its portfolio’s overweight industrial exposure to multi-family real estate.
The plan added a $10 million commitment to a fund-of-funds vehicle last month.
The board of trustees will consider the placing plans at its Dec. 20 meeting.
The plan committed $100 million total to private equity and private credit and approved a 2023 private markets pacing plan this week.