International / Global / Emerging Markets
The plan replaced the cash overlay provider for its Commingled Trust Fund and approved two private equity commitments yesterday.
Plan staff and general investment consultant Verus will conduct on-site due diligence of the four firms.
The plan disclosed new private equity, credit, portable alpha and real estate commitments at a meeting today.
The plan disclosed four private equity commitments to new and existing managers today.
Credit and venture capital commitments were made with three existing managers yesterday.
Plan added infrastructure and private equity buyout commitments at today’s meeting.
Plan hired a new emerging market debt manager to handle a $10 million allocation today.
The plan added a private equity commitment with an existing manager and two real assets commitments with a new manager last week.
The plan made a venture capital fund-of-funds commitment with a new manager last week.
Plan added a 5% target to private debt at the expense of emerging market debt.
