Searches And Hires

The plan will pick up discussions on private credit next month after making maiden private equity commitments in March.

The plan committed to a buyout fund and an opportunistic real estate fund at its board meeting yesterday.

The plan is searching for opportunistic and value-add strategies.

The town appears to have restarted a search that first began last year.

The plan had moved to a fully passive large-cap allocation in 2020 but general investment consultant Meketa Investment Group sees an opportunity for concentrated active managers.

Fund will interview three open-end core real estate managers to potentially handle $100 million total and two closed-end core real estate managers to handle $50 million prior to its board meeting at the end of the month.