Private Equity

The plan approved one private equity commitment today and will interview another manager next month.

MidOcean intends to leverage HPC’s capital and expertise to create new private equity and alternative credit franchises and add to its bench of talent.

Plan committed to a Stockholm-based buyout manager earlier this week.

The plan is set to commit a total of $200 million to private credit next year.

The new fund’s sole focus will be to grow value for its companies and limited partners.

A foundation based in the Midwest added minority-owned global equity and private equity managers during its finance and investment committee meeting last week.