Alternatives

Real Estate
Southern Education System Approves Value-Add RE Commitment

The system approved the commitment with an existing manager to continue to diversify the portfolio and realign to its asset allocation targets.

11.03.22
Asset Study/Review
Midwest Plan Weighs New Alternatives Allocation

The foundation is considering a maiden alternatives allocation within its portfolio and weighing the addition of hedge fund, infrastructure and private debt investments to fund the allocation.

11.03.22
Private Equity
Private Equity Manager Closes Oversubscribed Fund III

The firm closed its third fund above its $550 million initial target with the support of existing investors and a substantial personal commitment from its team.

11.03.22
People Moves
Discretionary Manager Hires Partner From CalPERS

The firm hired a partner to co-lead its 20-person private equity and venture capital team from CalPERS.

11.03.22
Credit/Private Debt
Texas Plan Adds DL Commitment

The plan added a $100 million direct lending commitment to an existing manager relationship.

11.02.22
Alternatives
West Coast Plan Sets Private Assets Pacing Plan

Pacing plan is set for private equity, real assets, real estate and direct lending for 2023.

11.02.22
Non-U.S. & Global Equity
Northeast Plan Axes EAFE Value Manager; Adds Commitments

The plan terminated an EAFE value equity manager that had been placed on watch in June for underperformance.

11.01.22
Non-U.S. & Global Equity
Northeast Plan Terminates EME Manager

The plan terminated an approximately $799 million emerging markets equity mandate and made commitments with four existing managers and one new manager in September.

11.01.22
Consultant/OCIO/Discretionary
Midwest Plan Slates Private Markets Consultant Searches

The plan will issue an RFP for non-discretionary and discretionary services in January.

10.27.22
ESG
Midwest Foundation Adds PE, Global Equity Strategies

The foundation has added a private equity strategy and an active global equity fund as part of its commitment to achieve net-zero carbon emissions across its endowment.

10.27.22