Real Assets
A fund in the South approved a real assets co-investment at its board meeting this week.
The plan agreed to move forward with real asset manager searches and terminate a domestic large-cap core equity manager at today’s board meeting.
The plan made commitments to one new manager and existing managers.
The plan rehired its longstanding consultant and will begin a search for a defined contribution consultant next month.
The plan made a $10 million allocation to an infrastructure manager at a meeting yesterday.
The plan named one finalist for its infrastructure search following a search presentation.
A California plan agreed to initiate a real estate search following approval of a new asset allocation policy yesterday.
A Midwestern pension plan added a new infrastructure target as part of a new real assets structure recommended by its investment committee.
Plan will conduct further due diligence on three firms in its domestic small-cap and small- to mid-cap equity emerging manager space.
Real estate and infrastructure commitments followed closed session deliberations.
