A fund based in the Great Plains region approved a direct lending commitment with a new manager and a private equity commitment with an existing manager at its July board meeting.
Plan disclosed a $25 million buyout commitment and axed a currency overlay mandate in June.
The plan nears two co-investment opportunities.
One of the managing directors has also been named chief compliance officer.
The plan disclosed various second quarter commitments in private markets totaling $300 million.
He will lead the private equity firm’s origination efforts.
Two left the firm previously to attend business school while the other three are new hires.
The plan invested $1.2 billion total in three global growth equity managers during the second quarter.
The plan has narrowed its emerging markets equity search to four firms and private equity search to five funds.
A fund in the Great Plains region will consider direct lending and private equity commitments at its board meeting today.