The plan will seek multiple non-core emerging real estate managers.
The plan approved new private equity and real estate commitments at a board meeting Friday.
A Northwestern fund approved two fiscal year 2022 pacing plans this week.
The plan made its initial investment in private credit after approving the asset class last year.
A California plan added real estate and private equity commitments at yesterday’s board meeting.
A university in the Midwest will consider allowing investment staff to manage a direct equity portfolio as well as potential international equity and real estate investments at its meeting today.
The plan agreed to move forward with real asset manager searches and terminate a domestic large-cap core equity manager at today’s board meeting.
The trust fund made real estate and private equity commitments after establishing 5% targets in 2019.
The plan is considering committing $700 million in commitments to five private market firms.
The plan approved a new target asset allocation at its board meeting today.