Plan hopes to hire a third-party firm in the third quarter to run its impending private markets advisor search.
The plan will hear from two private markets firms at its meeting next month after approving the pacing plan today.
The plan voted to terminate a REIT manager last week due to deteriorating performance and personnel concerns.
Plan’s general investment consultant will schedule interviews with four private equity managers at a future meeting as part of a plan to reach its target to the asset class.
The plan has issued an RFP seeking a private equity advisor.
The plan made a $25 million commitment following a private equity discussion with its general investment consultant at its meeting this week.
A Mid-Atlantic pension plan approved a 2021 private markets pacing plan at today’s board meeting.
The plan committed to a lower middle market buyout fund this month.
A California plan approved private equity and real estate commitments with existing managers at yesterday’s board meeting.
Plan will issue an RFP seeking minority-, women- and disabled-owned private equity managers for a $20 million allocation later this year.