Real Estate
The plan conducted a similar search in 2021 that did result in any hires.
The commitments include two new relationships for the council.
The plan is considering follow-on commitments to eight existing managers.
The plan expects to conclude the search process in the third quarter.
The plan disclosed $183.5 million in recent private equity, private credit and real assets commitments this week.
The plan will receive the real estate recommendation at its board meeting next week and the private equity recommendation in late March.
The plan made private markets commitments totaling $44.6 million and approved a 2023 pacing plan last month.
The plan hired a convertibles manager within its non-core fixed-income portfolio last quarter.
The plan will replace its non-core infrastructure target with a core allocation.
The plan disclosed private equity, tangible assets and real estate commitments with existing managers at its meeting yesterday.