Plan concluded recent private equity and private debt searches with a pair of commitments to each asset class.
Plan’s investment committee approved a commitment to the most recent fund with an existing relationship.
Plan is scheduled to issue an RFI for value-add real estate managers on Friday pending approval at this week’s board meeting.
The plan added a second firm to its emerging manager program and continued to build out its private credit portfolio.
Plan will issue an RFP moving forward after approving a new global credit allocation last week.
Plan added more than $1.5 billion in new alternatives commitments in the third quarter.
Plans are seeking an international core equity manager to replace an incumbent terminated at last week’s meetings.
Healthcare investment firm OrbiMed has promoted two team members to general partner, the firm announced.
Plan made a change in passive large-cap core equity providers last quarter.
Their goal is to make sustainability data more widely available and comparable.