Private Equity
The plan made additional commitments to existing managers at its meeting last week.
The fund will provide buyout and growth capital to firms in the business and tech-enabled services, industrial growth and healthcare sectors.
He joins the plan from the Public Sector Pension Investment Board.
Plan added alternatives commitments in September, August and July.
The fund invests in a range of private special-situation opportunities.
He will focus on sourcing new investment opportunities and supporting the growth of portfolio companies.
The plan approved four private equity and real estate commitments at today’s board meeting.
Plan’s new domestic mid-cap value equity manager will handle a 2.5% allocation.
The firm has hired two senior associates for the investment team and an investor relations associate.
The fund offers exposure in small-cap and mid-cap buyout or growth companies across North America and Europe.
