Mid-Atlantic Plan Keeps Int’l Equity Mgr. On Watch
He will serve as head of infrastructure equity within the real estate and private markets group.
Plan approved four new alternatives commitments and has begun a search for an investment analyst.
Plan’s incumbent tangible assets consultants were the only respondents to an RFQQ issued in February.
Plan will discuss potentially implementing a dedicated allocation to Pan-Asian assets over the next year.
Plan made commitments to eight existing managers and one new manager last month.
The institution made the bevy of commitments with existing managers within its long-term portfolio between October and January.
Firm will focus on infrastructure verticals of data and technology, industrial and environmental, decarbonization and energy transition targeting equity investments of $20 million to $80 million.
Plan’s board committed $160 million to an existing infrastructure manager and was notified of a private equity commitment this week.
Plan committed to direct lending, infrastructure and real estate strategies with existing managers yesterday.