Emerging-market investors are turning more selective as last year’s everything rally splinters under the weight of higher inflation expectations.
The plan approved a new 2% target to China equity at a meeting today.
The plan does not currently have an active small-cap firm after terminating the previous manager earlier this year.
Morgan Chase has joined investment consultant Marquette Associates as a client analyst.
Plan added a $25 million private equity commitment at its meeting this month.
Ares Management Corporation closed its fifth commingled European direct lending fund at a record-breaking €11 billion ($13 billion), as officials cite strong demand from pension funds, insurance companies, SWFs, endowments and family offices.
The plan made a public equity hire and added five private market commitments.
Plan selected an alternative risk premia manager following finalist interviews held this week.
Plan added two liquid alternatives investments following a search presentation from its consultant.
Plan hired a new domestic core fixed-income manager following a search report presented last month.