The plan increased its real estate allocation to improve returns.
The plan committed to SoLa Impact’s Black Impact Fund.
The fund will primarily target mid-cap assets with gross asset values under $200 million in the major markets of the U.S.
His responsibilities have been assumed by other team members.
Plan will hear presentations from four value-add real estate finalists at next month’s board meeting.
A fund in the South is seeking firms to provide open-end core real estate investment management services for a $50 million mandate.
An endowment in a Western state has added a new core real estate manager following a search initiated last year.
The plan made two buyout commitments this month and approved a 2022 private markets pacing plan in January.
The plan has concerns with the manager’s performance and liquidity.
The search aims to identify the existing opportunities in the market and there are no minimum requirements to submit information.