Real Estate
The plan approved new commitments and announced its new executive director at a board meeting today.
He will focus on the performance and expansion of Pretium’s single-family rental vehicles.
Plans are seeking an international core equity manager to replace an incumbent terminated at last week’s meetings.
The plan will look to commit up to $525 million to private equity and up to $600 million to real assets in 2022.
The plan approved 2022 real assets and private equity pacing plans as well as new real estate and private equity commitments at today’s board meeting.
The city employees plan has an unfilled 7% target to emerging markets equity.
A state investment board in the Pacific Northwest approved a 2022 private equity pacing plan.
The plan made a real estate commitment with a new manager and approved a 2022 pacing plan.
A university in the South will hear a recommendation from its general investment consultant to make private market commitments with three new and one existing manager within its endowment at its meeting today.
The plan will conduct three manager searches in the next three to six months.