Alternatives
The plan made commitments to one new manager and existing managers.
A fund based in a Western state approved a new commitment to a private equity manager as it shifts its portfolio toward illiquid allocations.
A university based on the West Coast is weighing an increase to its private equity target among other changes to its investment policy at its meeting today.
A university foundation in the South has approved venture capital commitments at its investment committee meetings in February and November.
The plan is considering committing $700 million in commitments to five private market firms.
The plan approved a new target asset allocation at its board meeting today.
The plan will conduct a search to replace a manager that decided to discontinue its fund.
The plan made two private equity commitments as it looks to commit to 11 total funds.
The plan rehired its longstanding consultant and will begin a search for a defined contribution consultant next month.
The plan will commit $50 million between two to three partnerships this year.