Daily Feed
Plan added venture capital commitments totaling $265.7 million within its private equity portfolio last week.
He will oversee the firm’s asset management capabilities across several teams and subsidiaries.
The plan rehired its outsourced cio, which will target additional real estate and private equity investments this year.
The plan last conducted a consultant search in 2018 that resulted in rehiring its incumbent.
The plan will consider replacing its international small-cap equity mandate with MFS Investment Management in May.
He will build the firm’s global ETF business, with an initial set of offerings planned for later this year.
The fund began its investment period in November.
He will lead the Houston-based firm’s infrastructure strategy.
The plan hired a value-add real estate manager to move closer to its 7% real estate target.
An internal investigation into the miscalculation of investment returns in late 2020 has found no criminal misconduct for the plan.
