Private Equity
The plan disclosed the terminations and commitments, which were previously approved in closed session.
The plan rehired consultants for its private markets portfolio following a review process.
Private equity funds were top of the list for investors’s planned allocations.
Alternatives will play an even more critical role in helping nonprofits reach spending plus inflation targets in 2021 as they seek income and downside protection that low-yielding bonds markets and equity markets cannot.
Plan has issued an RFP in search of general, real estate and/or private equity consulting services.
He will be involved with sourcing, due diligence, monitoring and assisting portfolio advisors.
The plan is searching for international small-cap managers due to incumbent contract expirations.
A Midwestern plan agreed to conduct a venture capital search and added two commitments at its board meeting yesterday.
A plan in the Great Lakes region selected a new international value equity manager to replace a firm terminated last year.