The plan hired two real estate managers at its board meeting yesterday, completing a search launched last year.
Plan made a $2.5 million value-add real estate commitment to Angelo Gordon last month.
Plan made real estate commitments to two incumbent managers.
The plan committed $50 million to a fund focusing on U.S. industrial warehouse opportunities.
Plan made private equity and real estate commitments totaling approximately $250 million at this week’s meeting.
The plan made a follow-on commitment to Belay Investment Group.
He will serve as co-cio before becoming sole cio in the third quarter.
Plan added three private equity and one real estate commitments in the year’s first two months.
Plan added a $3 million real estate commitment to stay aligned with its investment policy statement.
She will oversee the firm’s real estate division and began on March 1.