Real Estate
The winner will take over a $361 million mandate.
The plan will consider core-plus real estate strategies after delaying a commitment over concerns with the fund’s allocation to the single-family rental home sector.
Plan added approximately $62 million across three alternatives commitments in recent months.
He will oversee the New York-based firm’s U.S. investment activities, including sourcing, underwriting and execution of transactions.
The plan will conduct an active domestic mid-cap value equity manager search as part of the second phase of its equity structure review.
Commitment is one of up to three total real estate commitments expected this year.
The plan is searching for its first ever non-discretionary private markets consultant.
The plan and its general investment consultant will present private credit search criteria for approval next month.
Plans added roughly $43.5 million in commitments across five funds this week.
