Real Estate
Plan will potentially launch an RFP for an emerging markets equity manager after adding a second firm to diversify its exposure to the space this week.
The plan will conduct searches for core and non-core real estate managers.
The plan removed a manager structure constraint for its return-seeking fixed-income portfolio and approved a value-add real estate commitment with an existing manager this month.
The firm has announced the final closing of “the largest self-storage fund ever raised.”
The plan recently committed to four private markets managers.
The plan is set to receive pacing plans for private equity, real assets and credit this week.
The plan will also target more $720 million to alternative funds in 2023.
The plan approved a real estate commitment at a meeting last month, completing its annual pacing for the asset class.
The plan last conducted a similar search in 2014, which resulted in the hire of its two incumbents.
The plan committed $10 million to an existing real estate manager last month.