Alternatives
Plan will issue an RFP for bank loan managers following approval at this week’s board meeting.
A university in the South will consider making three private equity commitments and redeeming from two hedge fund managers within its endowment this week.
The plan approved new private equity, real estate and venture capital commitments at a meeting today.
Plan will relaunch a search for private credit after reevaluating initial criteria and formally discontinued a bank loan search with no current plans to relaunch.
The plan made two private commitments for pacing purposes.
Plan disclosed $95 million in new private equity and real estate commitments and is searching for a new private markets head.
Follow-on commitment will see fund focus on global diversified buyout partnerships.
The plan will vote to approve searches for intermediate fixed-income funds and global allocation managers.
Plan’s investment committee approved a pair of real assets commitments subject to full board approval next week.
Canadian endowments and foundations are looking to real assets and alternatives to continue diversifying their portfolios moving forward, according to a recent study.