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The plan will hear presentations from existing managers’ new fund offerings.
Three core-plus real estate managers will vie for a $20 million mandate.
Plan committed a total of $80 million between two direct lending commitments in December.
The team will join a new segment of Ares dedicated to real assets.
NYSTRS’ Retirement Board adopted a climate change action plan as an important first step to mitigate climate change risks and opportunities related to the System’s investment portfolio.
The new managing director serves on the asset opportunities team, while the new principals help oversee portfolio companies.
Corporation retained Hyas Group as investment consultant for its retirement plans this week.
A Midwestern plan approved a private equity commitment at its investment committee last week.