Emerging/Diverse Managers

Plan made commitments to eight existing managers and one new manager last month.

Plan’s new global credit manager will handle an approximately $700 million mandate.

Three diverse-owned managers targeting alternative assets received an aggregate of $44 million.

Plan expects to receive a recommendation in October.

She will lead the firm’s first formal DEI office.

Three new investments were added to the foundation’s endowment as part of its gender and racial equity lens initiative to invest 25% of its portfolio with firms majority-owned by women and/or people of color.