The plan made a hire in its search to replace a previously terminated international small-cap equity manager.
They will focus on sourcing investment opportunities in the specialty lending and private asset-based finance markets
Her team oversees a wide variety of real estate debt investments, including private loans and public securities.
The search is due to the upcoming retirement of the plan’s executive director.
The plan hired an executive search firm at today’s board meeting to conduct the search.
The business combination is expected to drive investing advantages across Ares’ platform, the firm said.
The plan is seeking unconstrained/opportunistic and flexible duration fixed-income strategies.
A port authority on the Gulf Coast is searching for a firm to establish an overall management structure and process for its investment portfolio.
The plan expects to issue a domestic large-cap core equity manager RFP in the coming weeks.
Plan increased its equity allocation and reduced its fixed-income exposure through asset allocations changes approved last week.