Infrastructure
The search is to replace a manager terminated at last month’s board meeting.
The two private equity commitments were made for pacing purposes.
The plan made a $25 million infrastructure commitment last month.
The new hires include a head of infrastructure debt, an infrastructure debt principal and a head of operational and strategic support.
A fund in the South approved a commitment to a private equity infrastructure fund at its board meeting last month.
The plan added a commitment with a new global infrastructure manager.
Plan directed its general investment consultant to return with a search on “best ideas” real assets strategies.
A Midwestern employees pension plan concluded the second phase of its search with the hire of two managers at today’s investment board meeting.
The plan loses its interim executive director as it nears a replacement selection.
The plan made infrastructure, hedge fund and private equity commitments at its board of investments meeting last week.