Private Equity
The search is open to funds that invest in diverse-owned firms.
Action will see plan expand its emerging manager program target to $1 billion from $750 million.
The plan is searching for small-cap firms for a domestic equity portfolio that is entirely with large-cap managers.
A teachers pension fund in the South has earmarked $630 million to real assets and private equity.
A state pension fund in the Great Lakes region disclosed $280 million in third quarter fund commitments.
Southwestern plan added $165 million in private markets commitments in November.
Plan would launch search in 2021 and the incumbent will be welcome to rebid.
A Southern teachers pension plan approved two private markets commitments at a meeting this week.
A Northeastern plan approved commitments to two private equity firms at a meeting today.
A Southeastern state pension plan disclosed several new private commitments at a board meeting today.