Plan agreed to move ahead with an RFP for general investment consultant services as well as split a $50 million core real estate allocation between two firms at its Feb. 17 board meeting.
Plan will target direct lending, structured credit, distressed and special situations, specialty finance and multi-asset strategies in a private credit search scheduled to launch this week.
U.S. institutional investors continue to commit to divesting from Russian investments or at least monitor those investments in the face of that country’s ongoing invasion of Ukraine.