Private Equity
An education system in the South approved a private equity commitment with a new manager and a real estate credit commitment with an existing manager last month following a recommendation from its general investment consultant.
Plan will hear presentations on at least two finalists in its general investment consultant search in May.
Plan had issued an RFP for North American buyout funds.
Plan disclosed value-add real estate and private equity commitments in newly released board meeting materials.
Two follow-on private equity commitments approved at today’s board meeting total $30 million.
He will help portfolio companies achieve strategic objectives and performance goals.
She advises on marketing, branding and communications strategies.
He will define and execute the firm’s private markets strategy.
The plan expects to conduct the search as it looks to reduce its exposure to core real estate.
Plan has issued an RFP for separate account management services to implement a private markets investment program for its OPEB trust.