Three emerging managers-of-managers will handle a total of $1 billion.
PineBridge will add a 40-member real estate team to its roster.
Plan concluded a search for value-add real estate funds with a pair of commitments at today’s board meeting.
An Eastern state plan disclosed several commitments as part of its initial allocation to alternative risk premia.
A Southern teachers pension fund made two global commitments as part of its private markets pacing plan.
A pension fund in New England has approved a $20 million hire in its value-add real estate search.
A Midwestern pension plan replaced international equity and emerging market debt mandates with new managers, as disclosed at last week’s meeting.
A pension fund in New England will issue a domestic mid-cap value equity RFP and has named finalists in its non-core real estate search.
A Southern pension plan approved several private markets commitments at a board meeting today.