Plan staff is seeking board approval of direct lending and core-plus real estate commitments this week.
Commitments to private credit and private equity made at today’s board meeting total $60 million.
The institution will review the asset allocation for its endowment this week and consider increasing its private equity target.
Commitments to two existing managers totaled $80 million.
Base10 Partners has partnered with the Student Freedom Initiative to expand the investment options available to historically Black colleges and universities, the firm announced.
Mid-Atlantic Plan Keeps Int’l Equity Mgr. On Watch
Plan added up to $1.6 billion in private equity and real estate commitments and disclosed a new private equity investment officer hire.
Plan rejected the commitment after receiving additional information about the firm’s ongoing litigation yesterday.
Plan disclosed commitments totaling $82 million and approved alternative investment pacing plans today.
The fund will focus on business and tech-enabled services, consumer, financial services and software and technology.