Master Limited Partnership
The retirement fund approved increases across private equity, private credit, private value-add real estate, MLPs and marketable alternatives this week.
A return-driven investment platform managed by global private equity real estate firm has completed its inaugural investment in an emerging multifamily real estate firm that targets repositioning assets in primary and secondary markets across the South and Midwest.
Plan terminated one of two MLP managers to fund a recent real asset commitment.
The plan approved the addition of a real assets manager to its portfolio, which will result in the termination of one of its MLP managers for funding.
A California plan agreed to initiate a real estate search following approval of a new asset allocation policy yesterday.
The plan will move the assets into international equity and emerging markets equity.
A Midwestern pension plan liquidated its sole Master Limited Partnerships mandate at an investment committee meeting yesterday.
The plan’s investment consultant recommended eliminating the portfolio due to “very volatile” returns.
Plan terminated the investment in the third quarter and moved the assets to a long/short equity strategy.
A pension fund in the South will soon invest in credit and non-core real estate managers after adopting new targets to the asset classes.