Private Equity
The plan recently committed to four private markets managers.
The plan is set to receive pacing plans for private equity, real assets and credit this week.
Plan added an up to $50 million commitment to an existing manager relationship.
The plan hired two firms to provide alternative asset consulting at its board meeting last week.
The plan moved an additional $30 million to an active equity manager hired over the summer.
The plan was notified of four commitments in closed session at yesterday’s board of investments meeting.
The plan will also target more $720 million to alternative funds in 2023.
The organization launched a private market ESG fund that aligns with its environmentalist mission with an initial allocation of $19 million.
The plan is set to commit $20 million annual over the next five years.
