Infrastructure
The plan will soon issue a new RFP after COVID disrupted last year’s search.
A Northwestern fund made commitments totaling roughly $1 billion.
The plan made a $20 million infrastructure commitment after finalist interviews at today’s meeting.
The plan made up to $350 million in new private commitments over the last quarter.
A global consortium of 22 investors including governments, philanthropies and institutional investors committed to the fundraise.
The plan will conduct three manager searches in the next three to six months.
The plan committed a total of $175 million to two funds and hired an unnamed domestic equity manager at its meeting last week.
The fund will make equity investments in core and core-plus infrastructure assets.
Plan approved a new asset allocation as continues work toward separating its assets from the state’s division of investment.
Plan will review better complements within the actively managed portion of its international equity portfolio.
