A university in New England will review its asset allocation at a spring meeting, where its outsourced cio may adjust targets.
Plan intends to launch a search for emerging markets and international small-cap equity managers to handle allocations of up to 8% each.
The $1.8 billion deal is expected to close in the second quarter.
The plan will hear from two private markets firms at its meeting next month after approving the pacing plan today.
The plan voted to terminate a REIT manager last week due to deteriorating performance and personnel concerns.
Plan’s general investment consultant will schedule interviews with four private equity managers at a future meeting as part of a plan to reach its target to the asset class.
The plan has issued an RFP seeking a private equity advisor.
The plan made a $25 million commitment following a private equity discussion with its general investment consultant at its meeting this week.
The new partners include the global head of legal, two real assets team members and a secondaries analyst.
A Mid-Atlantic pension plan approved a 2021 private markets pacing plan at today’s board meeting.