Alternatives

Plan is seeking one to three global ex-U.S. equity managers and agreed to restructure its opportunistic and alternative fixed-income portfolios this month.

The firm hired a senior v.p. and consultant advisor for U.S. institutional services to work with relationship management teams and serve as a liaison with clients and consultants with a focus on the firm’s alternative investment capabilities.

Plan will interview three finalists in a search to fill a $20 million allocation next month.

Plan’s private equity and real estate committees considered adding three commitments totaling $170 million last week.

Plan is seeking private debt managers to each handle an up to $100 million mandate and approved new asset allocation policies last week.

He will spearhead efforts to design and deliver products and solutions for alternatives.