Private Equity
The plan made five commitments in closed session and added a senior portfolio manager.
A Mid-Atlantic plan disclosed three recent commitments and the termination of a fixed-income manager at yesterday’s board meeting.
A Northwestern fund made commitments totaling roughly $1 billion.
The plan will search for a private equity fund to investment in the new emerging sector.
Plans are seeking an international core equity manager to replace an incumbent terminated at last week’s meetings.
The plan will look to commit up to $525 million to private equity and up to $600 million to real assets in 2022.
The plan approved 2022 real assets and private equity pacing plans as well as new real estate and private equity commitments at today’s board meeting.
A state investment board in the Pacific Northwest approved a 2022 private equity pacing plan.
A Southern pension plan added private equity and private debt commitments yesterday.