Daily Feed
The plan made two follow-on private investments in the first quarter.
The new group broadens the firm’s opportunity set into the U.S. private commercial real estate market.
The plan approved consolidating management of its $51 million global tactical asset allocation portfolio yesterday.
The plan expects to conduct interviews with three finalists at an upcoming meeting.
The previous global head of real assets will focus more on his role as global cio of BlackRock Alternative Investors.
He will be responsible for the firm’s capital formation, co-invest syndication and investor relations functions.
He will focus on business development and fundraising for the firm’s private equity products.
The new hires began on April 1 and April 19.
Plan agreed to terminate a dedicated emerging markets small-cap manager at this week’s investment committee meeting.
A Virginia-based pension plan has launched a search for a senior deputy director.
