Private Equity
The plan made several commitments to private markets funds last week.
The plan added approximately $730 million across six fund commitments this week.
The plan committed to the latest funds of two existing manager relationships.
The plan also closed on commitments totaling $1 billion.
The plan made commitments totaling $500 million to three funds and retained its incumbent to advise on its defined contribution plans last week.
The plan will invest $100 million into a private equity fund-of-one over the next five years.
The plan made three follow-on commitments today.
The plan will review an asset allocation peer comparison at its meeting this week.
The plan could look to add private equity as current valuations begin to decline.
The firm announced promotions for several members of its investment team, including a principal being named managing director and two v.p.s being named principals.
