Plan is seeking private credit management services for a $30 million to $65 million allocation.
The plan approved changes to its asset allocation at a board meeting today.
The plan terminates its developed markets equity manager due to organizational changes and underperformance.
A Midwestern employees pension plan concluded the second phase of its search with the hire of two managers at today’s investment board meeting.
A nonprofit and group of investors have launched a transportation impact fund.
A Midwestern pension plan will launch private debt and defensive equity searches as part of a recently approved asset allocation.
The plan will receive a recommendation from staff and consultant on a new asset allocation.
The plan will commit a total of $3.4 billion to private equity, private credit, real estate and real assets in fiscal year 2022 starting July 1.
Plan made several investment decisions in the first quarter.
The plan made commitments to an infrastructure fund and a private debt fund.