Private Equity
The plan has issued the RFPs after approving the searches last month.
Plan will potentially launch an RFP for an emerging markets equity manager after adding a second firm to diversify its exposure to the space this week.
The plan approved an infrastructure commitment with an existing manager and was informed of two credit commitments at yesterday’s board meeting.
While diversity, equity and inclusion investments garner attention from the broader industry, U.S. venture capital firms have dedicated less than 2% of their assets to DEI investments, a new study finds.
The plan will receive a private equity pacing model in February.
The plan removed a manager structure constraint for its return-seeking fixed-income portfolio and approved a value-add real estate commitment with an existing manager this month.
The pension fund has exposure to FTX through three venture capital investments.
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.