Real Estate
He is responsible for fund management for the group.
The plan approved up to $650 million in new private commitments at its board meeting yesterday.
He will lead the firm’s real estate investment team, which oversees $18 billion in assets.
Plan agreed to move ahead with an RFP for general investment consultant services as well as split a $50 million core real estate allocation between two firms at its Feb. 17 board meeting.
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.