Daily Feed
Plan added an up to $50 million commitment to an existing manager relationship.
The city has issued an RFP for investment advisory services and proposals are due Dec. 9.
MVM Partners has closed its sixth healthcare fund at $500 million in limited partner commitments.
The plan hired two firms to provide alternative asset consulting at its board meeting last week.
Private credit remains an attractive investment opportunity for institutional investors as manager hires remained consistent in the third quarter, FIN Searches data shows.
The plan will interview two U.S. small-cap value equity managers this week and also recently added an international equity manager.
The principal had been responsible for leading the firm’s manager research efforts for multi-strategy hedge funds, CTAs and hedge funds-of-funds.
The plan moved an additional $30 million to an active equity manager hired over the summer.
The search is due to the incumbents’ upcoming June 30 contract expirations.
The plan was notified of four commitments in closed session at yesterday’s board of investments meeting.