Plan will see a firm for passive U.S. and non-U.S. equities, fixed-income and real assets investment management services.
Plan will consider breaking up 5% allocation to Master Limited Partnerships and is considering exposures to commodities, listed infrastructure and TIPS.
The plan expects to conduct several manager searches in 2022.
The plan made three commitments totaling up to $32 million at its board meeting last week.
A Midwestern plan approved five commitments at its investment committee meeting last week.
Plan wrapped up a direct lending manager search with a $12 million commitment in September.
Plan disclosed recent private equity, credit, infrastructure and real estate commitments totaling approximately $1.2 billion.
The plan hired two firms to handle a total of $48 million at its board meeting last week.
The plan made a commitment to an existing infrastructure manager.
The plan hired two infrastructure managers last week to handle its maiden 5% allocation to the asset class.