The plan will issue RFPs this quarter after canceling previous search due to COVID.
A Virginia-based pension plan added commitments with new and existing managers in September and made several changes to its fund lineup over the past fiscal year.
Plan hired the private markets team at its general investment consultant to consult on its private equity and opportunistic real estate portfolios.
The team will join a new segment of Ares dedicated to real assets.
Plan is searching for investment management firms, or a pool of firms, to create and manage one or more portfolios.
The plan’s full board approved new commitments to existing private markets managers at its meeting last week.
A Southern state plan will conduct a manager search as part of a newly approved global equity structure.
The rebranding took effect on Nov. 15.
The plan approved credit and real assets commitments with potentially new managers.
The plan terminated an international large-cap equity manager as part of several changes to its overseas equity portfolio approved last month.