The plan added three private markets commitments with existing managers this month.
A Midwestern plan approved three commitments at its investment committee meeting last week.
Plan approved a new asset allocation as continues work toward separating its assets from the state’s division of investment.
The plan hired two emerging markets equity managers and approved three private markets fund commitments.
Plan disclosed $412.5 million in recent alternatives commitments.
The investments are the plan’s first in the private credit space.
The plan’s investment consultant is recommending discussions on areas such as real estate, infrastructure, private equity and direct lending.
Plan’s investment committee approved three private lending commitments this week.
Plan committed $50 million to a special opportunities credit commitment today.
The team will be responsible for bringing access to the broad private placement marketplace.