Infrastructure
A Southern pension plan consolidated its passive domestic equity portfolio at today’s board meeting.
Three senior investment professionals have spun out of a Southern endowment to create a new private markets platform supporting new and developing investment managers.
A fund based in the South will receive educations on two potential new asset classes at its next board meeting in the second quarter from its general investment consultant.
Infrastructure represents a new asset class while the high-yield search is due to procurement rules.
The plan added an infrastructure commitment in January and funded several new investments in December.
Plan will target $25 million to infrastructure for 2021-2022 and could issue an RFP if no existing relationships are out to market.
An American Indian tribe in the West is searching for a director of investments to assist in the oversight and management of its endowment portfolio following the promotion of its cio last month.
The plan approved a new real assets structure that introduces farmland into the portfolio.
A fund based in the West received a global equity portfolio structure analysis from its general investment consultant last month.
A Midwestern plan made several changes to its equity and fixed-income portfolios as part of its transition to a new long-term asset allocation policy.
