Infrastructure
The plan hired two firms to handle a total of $48 million at its board meeting last week.
The plan made a commitment to an existing infrastructure manager.
The plan hired two infrastructure managers last week to handle its maiden 5% allocation to the asset class.
He will focus on the operational oversight of portfolio management processes, technology and execution.
Plan will consider incorporating new allocations to private credit and private infrastructure in the coming months.
A Virginia-based pension plan made several real assets commitments after previously increasing its allocation to the asset class.
A fund based in a Western state has hired two investment managers.
The plan has issued its RFP seeking an infrastructure manager to handle approximately $45 million.
Plan selected a discretionary advisor for its private markets portfolio following a search process initiated earlier in the year.
A Northwestern fund disclosed commitments totaling $887 million.
