The plan completed a search to fill its maiden domestic mid-cap growth equity allocation this week.
The plan made a pair of private credit commitments and one private equity commitment last month.
The plan agreed to reconsider asset allocation changes originally approved last month at a future meeting.
Plan added a 3% target to private credit as part of broader asset allocation changes approved today.
The plan could not reach enough votes to approve rehiring its incumbent private equity consultant.
Firm has promoted Yichao Mark to the newly created position of director of strategic investor solutions.
Investment consultants and institutional investors continue to monitor the fallout of Silicon Valley Bank’s recent failure and its ongoing effects on the market.
The plan added $500 million across three new alternatives commitments in the fourth quarter.
The indirect impact of the Silicon Valley Bank situation on institutional investors will take time to fully assess as Federal Reserve actions to backdrop depositors is digested by the markets.
The search follows the plan rehiring its incumbent for the position in 2017.