The plan terminated two existing managers and added commitments totaling roughly $912 million in October.
The plan will implement its recently approved asset allocation policy in three phases.
The plan has issued a general investment consultant RFP after previously delaying its issuance due to the COVID-19 pandemic.
A Northwestern fund decided to conduct an executive director search after terminating its ceo.
The program will retain its third-party administrator.
The plan will commit $2 billion to the fund as part of its sustainable investment and climate solutions program.
The plan made three commitments in closed session at this week’s board meeting.
The plan redeemed its core real estate investment with Heitman.
The new investment officer will focus on credit.
The plan approved a follow-on commitment with a European direct lending manager.