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The plan made private credit, private equity and real estate commitments at recent investment committee meetings.
The plan hired two firms that will target emerging and diverse private equity, real estate and private credit managers.
The principal will source investment opportunities, perform due diligence and support portfolio company management teams.
The cfo previously served as the firm’s managing director and head of asset management for infrastructure.
The funds will provide access to high-quality primaries, secondaries and co-investments.
The managing director will spearhead investor relations for the firm’s credit platform.
The plan will issue an RFP for general board investment consulting as well as private debt, private equity, real estate and infrastructure program consulting.
The plan committed $12 million total to its new private equity and private credit asset classes.
Plan hired an international value mandate to fill replace a manager terminated at the end of 2021.