Plan added $250 million in new commitments across the second quarter.
The plan selected one firm to manage a customized private equity co-investment program.
The board terminated three managers to “harmonize” the equity portfolios between its plans.
The plan is considering two private markets managers for its emerging manager program.
She will lead the firm’s real estate efforts.
The firm’s private equity director has left to join a healthcare-focused investment firm.
Plan disclosed up to $189.5 million in new venture capital and real estate commitments.
He begins this month and is based in Birmingham, Ala.
The fund employs private equity-style control and high-yielding private credit practices.
The plan made a commitment to one new manager alongside two follow-on commitments.