A Midwestern employees pension plan concluded the second phase of its search with the hire of two managers at today’s investment board meeting.
A nonprofit and group of investors have launched a transportation impact fund.
A Midwestern pension plan will launch private debt and defensive equity searches as part of a recently approved asset allocation.
The plan will receive a recommendation from staff and consultant on a new asset allocation.
The plan will commit a total of $3.4 billion to private equity, private credit, real estate and real assets in fiscal year 2022 starting July 1.
Plan made several investment decisions in the first quarter.
The plan made commitments to an infrastructure fund and a private debt fund.
The new hire performs fundamental credit analysis and identifies fixed-income investment opportunities.
The plan is seeking up to two domestic large-cap growth equity managers and a defined contribution consultant.
Plans added three alternatives commitments totaling $27.5 million at this week’s meetings.