Real Estate
Plan approved an opportunistic commitment to an existing manager pending a review by its investment consultant.
Fund selected firms to implement emerging manager programs in private equity and private real estate last week.
A Midwestern pension plan has retained its general investment consultant following an RFP process from last year for due diligence purposes.
The new group broadens the firm’s opportunity set into the U.S. private commercial real estate market.
The search is being conducted because the plan is underallocated to the asset class.
The plan hired a firm that will help build a direct hedge fund portfolio.
A Mid-Atlantic plan disclosed $650 million in new commitments at its investment advisory committee meeting today.
The plan will receive a search analysis of REITs managers as well as review potential alternative investment options in the coming months.
The plan named four contenders for its emerging markets equity search and concluded its non-U.S. small-cap search.
A West Coast pension plan consolidated three fixed-income mandates with Western Asset Management and approved a real estate commitment at its board meeting last week.