Alternatives
Plan approved an opportunistic commitment to an existing manager pending a review by its investment consultant.
Investors’ 2020 search activity remained on par with previous years despite the COVID-19 pandemic and there continues to be increased activity for private investment strategies, according to a recent webinar from an investment consultant.
Fund selected firms to implement emerging manager programs in private equity and private real estate last week.
The plan approved two private credit commitments at a board meeting today to fulfill its pacing plan.
The plan made two follow-on private investments in the first quarter.
The plan approved consolidating management of its $51 million global tactical asset allocation portfolio yesterday.
The plan will receive presentations from two private infrastructure managers at a meeting next month.
The search is being conducted because the plan is underallocated to the asset class.
The plan concluded its high-yield fixed-income manager search and disclosed up to $555 million in private equity commitments at its board of investments meeting this week.
A California plan restructured its absolute return portfolio and hired an overlay services provider at yesterday’s board meeting.