Daily Feed
The firm brought on a managing director to lead its asset management equity real estate portfolios.
The search is being conducted to enhance returns and minimize fees.
The plan’s private markets consultant will present a private debt portfolio update this week.
Plan staff is considering searches in small-cap equity and multi-asset credit searches later in 2023.
The plan made a selection following finalist presentations held at its February board meeting.
The opportunity for backing woman- and minority-owned private equity and venture capital firms “is at record levels.”
The district is seeking investment management services.
The plan completed a search to fill its maiden domestic mid-cap growth equity allocation this week.
The plan made a pair of private credit commitments and one private equity commitment last month.
The plan began a core real estate search for diversification purposes.