The pension fund made four private equity commitments of equal size at a board meeting yesterday.
The minority stake will be acquired through Blackstone’s GP stakes business.
The plan made several private markets commitments last quarter.
The plan made a hire in its search for domestic mid-cap value equity managers.
The plan approved a new private equity commitment at last week’s board meeting.
The plan will look to make $55 million in annual non-core real estate commitments.
The managing director has joined the firm from Deerpath Capital Management.
The cio will join a clean energy company in the same capacity.
Firm has launched White Oak Real Estate Capital, a newly formed affiliate focused on credit opportunities in commercial real estate.
The firm will manage a 5% allocation to emerging markets that will be funded from hedge fund-of-funds and managed futures.