Credit/Private Debt
The plan interviewed a total of three firms last month.
The pension plan will review its domestic core fixed-income manager search at an April 26 board meeting and selected a new executive director last month.
The plan’s upcoming search will not include its incumbents.
The pension plan approved three commitments totaling $175 million yesterday.
The retirement system made up to $250 million in private equity commitments among new and existing relationships.
The plan hired two firms after finalist interviews last week.
The university will review its asset allocation during an upcoming board meeting after pausing its plans to build out its private debt allocation.
The plan also approved a $50 million investment with a new manager within its public equity portfolio at its February board meeting.
The board also approved rehiring the investment consultant for its deferred compensation plan.
The pension plan received a private equity co-investment recommendation today.
