An organization in the Mid-Atlantic region has issued an RFQ seeking private equity advisors to provide due diligence of funds and direct equity investments as well as strategic planning, portfolio construction and other research.
The plan made commitments to an infrastructure fund and a private debt fund.
The plan will immediately begin a search for an independent investment consultant.
The plan approved a new long-term asset allocation at its investment committee meeting last week.
The new hire will lead the firm’s capital formation and investor engagement team.
Plan approved up to $405 million in new alternatives commitments this week.
Plan will issue RFPs for private equity and private debt managers following approval this week.
A Midwestern state plan added infrastructure commitments at its board meeting last week.
A Texas-based pension plan made an emerging markets equity manager hire at this week’s investment committee meeting.
The plan is looking for infrastructure managers to handle up to $30 million.