Infrastructure
The team will manage a newly launched global listed infrastructure equity strategy.
Plan made private equity and real estate commitments totaling approximately $250 million at this week’s meeting.
Plan will hear presentations on at least two finalists in its general investment consultant search in May.
The team manages a portfolio of mid-market core infrastructure companies.
The plan expects to conduct the search as it looks to reduce its exposure to core real estate.
Plan has issued an RFP for separate account management services to implement a private markets investment program for its OPEB trust.
Search is for an investment analyst focused on alternative assets for two funds totaling almost $2 billion.
The plan approved up to $650 million in new private commitments at its board meeting yesterday.
The RFP is available through its general investment consultant.
