Credit/Private Debt
Plan will recommend a single firm for hire next month following semifinalist interviews scheduled for this week.
The plan hired two new core fixed-income managers after terminating its incumbent for performance reasons.
The plan selected three firms to handle its opportunistic fixed-income mandate following a search.
The plan made three more commitments for its 2021 pacing schedule.
A community foundation in the Southwest approved private market commitments within its general portfolio and impact investment portfolio last year.
They will initially target opportunities in the direct lending segment.
The plan retained its general investment consultant and hired two opportunistic credit managers at a special investment board meeting last week.
The plan concluded its consultant search after a due diligence team report last week.
A fund based in the Great Plains region approved a direct lending commitment with a new manager and a private equity commitment with an existing manager at its July board meeting.
Plan hired a systematic trend following manager after its investment committee had elected to table a decision.
