Credit/Private Debt
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.
The plan hired two managers to handle its new collateralized loan obligations allocation at a board meeting today.
The plan will conduct an international small-cap equity manager search as part of a new asset allocation.
Plan approved up to $405 million in new alternatives commitments this week.
Plan added a $50 million follow-on credit commitment at this week’s board meeting.
