The plan hired one traditional emerging markets manager and four private markets managers.
A Northeastern church pension plan added private equity and venture capital commitments last month.
He primarily focuses on investments in the business services and light industrials sectors.
The plan’s latest commitment satisfies its pacing schedule for the year.
The plan will receive two search book presentations at this week’s investment committee meeting.
The plan expects to conduct several manager searches in 2022.
The plan approved one private equity commitment today and will interview another manager next month.
MidOcean intends to leverage HPC’s capital and expertise to create new private equity and alternative credit franchises and add to its bench of talent.
The plan made three commitments totaling up to $32 million at its board meeting last week.
A Midwestern plan approved five commitments at its investment committee meeting last week.