Private Equity
Fund selected firms to implement emerging manager programs in private equity and private real estate last week.
The plan made two follow-on private investments in the first quarter.
He will focus on business development and fundraising for the firm’s private equity products.
The new hires began on April 1 and April 19.
The plan will receive presentations from two private infrastructure managers at a meeting next month.
The new promotions include a v.p., two senior associates and a principal.
The search is being conducted because the plan is underallocated to the asset class.
The plan concluded its high-yield fixed-income manager search and disclosed up to $555 million in private equity commitments at its board of investments meeting this week.
A Northwestern state fund hired three global active equity managers and added two private markets commitments at its board meeting today.
The plan disclosed new commitments to private equity, credit and an infrastructure fund at today’s meeting.