A Catholic foundation in the Midwest is looking to add more impact-focused real assets and special situation investments this year.
The plan made two buyout commitments this month and approved a 2022 private markets pacing plan in January.
The plan has begun its high-yield fixed-income manager search
The plan made recent private equity, venture capital and real assets commitments.
A Northwestern fund made commitments totaling $950 million.
The plan last issued an RFQQ for the services in 2018.
The plan disclosed recent commitments with four existing managers and one new manager at its board meeting today.
The search will be conducted as part of a real assets structure review, which was approved at today’s board meeting.
The plan heard pacing plans for its private equity, private credit, real asset and real estate asset classes.
The plan is looking for replacements for its dynamic asset allocation investment.