Real Estate
Plan will replace a recently terminated core real estate manager.
The plan disclosed $668 million in total commitments with one new manager and twelve existing managers in the fiscal second quarter.
Plan is seeking a dedicated long-only Japan public equity manager.
The plan made several commitments to private markets funds last week.
The plan added approximately $730 million across six fund commitments this week.
The plan committed to an existing real estate manager this week.
The plan expects to issue the RFP later this month and make a selection in the third quarter.
The Northeast-based firm has appointed its head of investments as cio and head of business operations and growth as coo, both newly created positions.
The plan made commitments totaling $500 million to three funds and retained its incumbent to advise on its defined contribution plans last week.
The plan will invest $100 million into a private equity fund-of-one over the next five years.