Private Equity
The pension plan will conduct a search for its in-state private markets program and also recently hired a high-yield fixed-income manager.
The commitments include a first time relationship for the plan.
The pension plan’s cio recently approved three commitments totaling $350 million.
Despite macroeconomic headwinds, a new survey finds institutional investors remain optimistic in 2024 and are bullish on private equity and private credit.
The pension recently added a sustainability-focused public equity manager alongside private equity and real estate commitments.
The college made two buyout private equity commitments with new and existing managers within its endowment last year.
The searches result from a new strategic asset allocation.
The plan also disclosed two recent private markets commitments.
The retirement fund had been expected to post the RFP today.
The pension plan received a recommendation from staff to amend its private equity sub-asset class targets last week.