Searches And Hires
The foundation is conducting the search for standard due diligence purposes as it seeks a manager to oversee its portfolio, develop an asset allocation mix and update and implement its investment policy.
The plan made a $50 million commitment after interviewing finalists at today’s meeting.
The village is seeking a firm to provide fiduciary and investment advisory services for its 457b plans.
The plan committed to two private equity strategies and a maiden infrastructure investment.
The plan disclosed recent commitments from both the public and private markets.
The fund added a private credit manager as part of the buildout of the asset class over the last 18 months as well as a private equity secondaries fund focused on distressed assets.
The plan made commitments with two existing managers.
The plan expects to commit to buyouts and special situations funds for the next three years.
The plan conducted similar searches in 2019 and 2013.
The plan agreed to redistribute its dedicated emerging markets equity allocation to developed markets equity, private equity, private credit and commodities this week.