Credit/Private Debt
The plan is seeking up to two domestic large-cap growth equity managers and a defined contribution consultant.
Plans added three alternatives commitments totaling $27.5 million at this week’s meetings.
The plan hired two managers to handle its new collateralized loan obligations allocation at a board meeting today.
The plan will conduct an international small-cap equity manager search as part of a new asset allocation.
Plan approved up to $405 million in new alternatives commitments this week.
Plan added a $50 million follow-on credit commitment at this week’s board meeting.
Plan committed $1.5 million to a new senior direct lending commitment following review of a search report last week.
A Midwestern plan hired a currency overlay manager and added commitments totaling $508 million this month.
Plan will issue RFPs for private equity and private debt managers following approval this week.
The new hire is responsible for BGO’s U.S. debt business, including management of all core, core-plus and high-yield debt strategies.
