The firm has named a partner as head of North America to be responsible for its largest North American clients’ investment programs and continue refining the investment strategy.
The plan concluded its investment consultant and private investment consultant searches that began last year, retaining its general consultant and hiring a new private investment consultant.
The fund received three potential asset allocation mixes from its general investment consultant last month and will further review and potentially adopt a new asset mix at its August board meeting.
The alternatives firm has entered into a definitive agreement to acquire an Asia-focused private equity manager with almost $4 billion in assets under management.