Plan has issued an RFP for general investment and private assets consulting services after postponing a previous search in 2018.
Plan retained both private credit and hedge fund consultants following a search conducted last year.
The plan amended its strategic asset allocation targets and added a new asset class at a meeting today.
A Midwestern pension plan approved three private markets commitments at its board meeting on Friday.
A California plan approved private equity and infrastructure commitments at yesterday’s board meeting.
A recent survey finds that endowments and foundations expect to continue increasing their allocations to alternative investments.
He will assist in the evaluation of potential acquisitions, develop thesis-driven approaches to a variety of established and emerging industrial technology subsectors and support portfolio company management teams.
The plan will interview two private credit managers next month as part of its annual pacing plan.
The new hire focuses on value creation in TA’s business services and financial services portfolio.
The plan is looking to invest up to $30 million with a secondary private equity fund manager.