Alternatives
A health care trust on the West Coast will receive a new asset allocation recommendation with maiden allocations to private equity, real estate, global macro, TIPS and government bonds.
West Coast transportation plan has hired two private credit managers to fill a maiden allocation to the asset class.
A Mid-Atlantic state retirement system has disclosed alternatives commitments and manager hires and terminations from recent months.
A Western pension plan terminated a high-yield fixed-income manager last quarter and added several private commitments.
A county pension fund in the Mid-Atlantic region approved private equity commitments as part of a pacing schedule that will continue to seek special situations and credit opportunity strategies.
A Northeast pension plan approved up to $1 billion in new commitments at a meeting last week.
A pension fund in New England has selected finalists in its bank loan manager search and concluded its search for infrastructure managers.
Foundations continue to shy away from alternative asset classes and have reduced spending in light of lower expected returns, according to a recent study from an investment consulting firm.
A West Coast pension plan is scheduled to begin a search for international small-cap equity managers later this month.
A Midwest state teachers plan made and liquidated several investments this week.