Daily Feed
A Northeastern pension plan added commitments in private equity, real estate and real assets last month.
An Illinois pension fund hired a new global credit fixed-income emerging manager-of-managers and made a $50 million real estate commitment at its board meeting last week.
A West Coast transit pension plan made hires in its real estate search last month.
A Michigan plan disclosed new commitments in the second quarter.
A Florida pension plan will interview three private credit consulting firms next month after identifying six semifinalists in an ongoing search.
The outlook for higher education institutions is shifting to negative from stable as a result of the financial impact of the coronavirus outbreak, according to a recent outlook from Moody’s Investors Service.
A Western pension plan eliminated its Master Limited Partnerships allocation last quarter.
A Mid-Atlantic-based religious order approved a new target asset allocation earlier this month.
Selection of alternatives managers will be important as role of strategies expand in institutional portfolios.
A college foundation based in New England has shifted its endowment to ESG funds.