Alternatives
The plan recently placed an international large-cap equity manager on watch due to underperformance and made $80 million in total private equity commitments.
The plan disclosed various private markets commitments at its board meeting last week.
The plan will interview two firms next month to handle nearly $200 million.
The plan disclosed various recent private markets commitments at its board meeting today.
The search is for pacing purposes and is seeking manager to handle $100 million.
The plan disclosed three private equity commitments and one real assets commitment.
The plan committed $60 million total to two existing managers this month.
The fund will invest in a mix of lower middle market buyout funds and co-investments.
The new managing director will lead business development for the firm’s strategic growth fund.
The plan terminated an emerging market debt firm as well as an emerging markets equity relationship within its emerging manager program last month.