The acquisition is expected to close in the first half of this year.
The plan added two managers to its equity portfolio after increasing the target last year.
The searches are for non-core managers to handle up to $140 million and private debt managers to handle up to $60 million
A foundation in the South reviewed its private investments pacing plan last week and made a private credit commitment as part of the pacing schedule.
A Midwestern plan approved a new non-U.S. equity structure and a real estate commitment at its board meeting today.
The plan added an infrastructure commitment in January and funded several new investments in December.
A Wisconsin pension plan is targeting searches in private debt and defensive equity following approval of a new asset allocation last week.
A Virginia-based pension plan terminated a REIT manager last week and discussed the termination of a hedge fund-of-funds manager in August.
County 457 and 401(a) plans in the Great Lakes region have rehired a general investment consultant as the result of a recent search.
A West Coast pension plan approved a real estate pacing plan at its board meeting yesterday.