Daily Feed
Plan will interview three finalists in a search to fill a $20 million allocation next month.
Plan’s private equity and real estate committees considered adding three commitments totaling $170 million last week.
Plan hired a new fixed-income manager to handle an initial $350 million mandate and disclosed six other commitments last month.
The plan will interview three co-investment finalists next month for an up to $10 million mandate.
They will also retain their existing responsibilities as CIO and COO, respectively.
Plan made asset allocation changes in an effort to move closer to its long-term policy and disclosed four commitments today.
Plan will issue the RFP next month on its general investment consultant’s website.
Plan is seeking private debt managers to each handle an up to $100 million mandate and approved new asset allocation policies last week.
The new firm replaces Thompson, Siegel & Walmsley, which had been monitored for performance reasons since 2019.
He will help build out the firm’s solutions business as well as contributing to relationships with key institutional clients.
