Private Equity
The plan is seeking firms that offer core and specialized private equity consulting services.
The plan made two maiden private equity commitments after receiving educations on the asset class in April.
The plan hired two new managers and disclosed five commitments at yesterday’s board meeting.
The plan authorized staff to issue the RFP in November and committed to an existing buyout manager at yesterday’s board meeting.
The plan will issue an investment consultant RFP in the coming months due to upcoming contract expirations and recently made two private equity commitments.
The v.p. will develop and support financing strategies for new investment opportunities and collaborate with portfolio companies on debt financing initiatives.
The managing director will lead investments in the healthcare financial services industry.
The plan will review an international small-cap value manager and a low volatility equity manager due to underperformance.
The plan committed $11 million across four private equity managers as part of the implementation of the asset class.