Real Estate
Plan approved a new asset allocation as continues work toward separating its assets from the state’s division of investment.
Plan added $40 million in value-add real estate commitments last week to help reach its 15% target to the overall asset class.
Plan disclosed $412.5 million in recent alternatives commitments.
The plan’s investment consultant is recommending discussions on areas such as real estate, infrastructure, private equity and direct lending.
Plan added commitments to real estate and venture capital funds at this month’s board meeting.
The plan added two private equity commitments and announced the departure of an assistant senior investment officer for real estate at its board meeting yesterday.
The plan approved an emerging markets equity manager search and new real estate pacing plan yesterday.
The plan added a value-add and federal government leased strategy at its meeting today.
A Western health trust fund has posted an RFP for investment consulting services.
The plan decided to fully redeem its core real estate investment.