Real Estate

A university based in the Midwest has revised its asset allocation, increasing allocations to alternative assets at the expense of bonds and commodities.

A California pension plan has launched an RFP for a private equity consultant.

A Midwestern plan made several changes to its equity and fixed-income portfolios as part of its transition to a new long-term asset allocation policy.

The new managing director will oversee Elion’s strategic business development initiatives and lead capital formation across its investment vehicles, the firm said.

The plan made commitments of $10 million each in private credit and multi-family housing at its meeting today.

He will be responsible for the direct oversight of all research functions at the Chicago-based real estate investment firm.