Real Estate
She will be responsible for the strategic direction and business execution of real estate equity assets across all U.S. mandates.
They will assist with mortage whole loan trading, mortage servicing rights and capital markets transactions.
The plan is seeking managers to handle an up to $600 million mandate.
The plan will look to make $55 million in annual non-core real estate commitments.
Plan added a $2 million core real estate investment at its June meeting.
The plan is conducting the search as it looks to make its first investment in the space.
Plan will seek real estate managers in the coming months and has scheduled emerging markets small-cap equity finalist interviews for August.
A California plan concluded its private real estate search with the hire of two managers.
REIT manager offers quantitative assessment for ESG across its platforms.
Plan will conduct a search for high-yield fixed-income managers due to impending contract expirations and hired a new general investment consultant.