Alternatives
Bridge Investment Group has acquired substantially all of private equity secondaries manager Newbury Partners.
The plan added a European private equity commitment last week.
The plan disclosed $668 million in total commitments with one new manager and twelve existing managers in the fiscal second quarter.
Plan staff intends to make recommendations for each component of the search in May and August, respectively.
Plan is seeking a dedicated long-only Japan public equity manager.
The private markets commitments were to two existing manager relationships.
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.