Credit/Private Debt
Plan will relaunch a search for private credit after reevaluating initial criteria and formally discontinued a bank loan search with no current plans to relaunch.
The plan makes a specialty finance investment and redeems from a real estate fund.
Plan’s investment committee approved a pair of real assets commitments subject to full board approval next week.
Plan will retain its existing investment consultants as the result of a search launched last quarter.
Plan will recommend a single firm for hire next month following semifinalist interviews scheduled for this week.
The plan hired two new core fixed-income managers after terminating its incumbent for performance reasons.
The plan selected three firms to handle its opportunistic fixed-income mandate following a search.
The plan made three more commitments for its 2021 pacing schedule.
A community foundation in the Southwest approved private market commitments within its general portfolio and impact investment portfolio last year.
They will initially target opportunities in the direct lending segment.
