Real Estate
Plan’s new asset allocation policy will introduce a 10% target to domestic small-cap equity.
Plan committed a total of $40 million to a pair of diverse-owned value-add real estate managers.
New director joins from general investment consultant AndCo Consulting.
The plan will issue the RFP in June due to the upcoming contract expiration of incumbent RCLCO.
Plan made a real estate debt commitment and increased its existing core real estate investment with an existing manager this week.
Foundation hired a real estate manager as part of increasing its allocations to real estate and real assets last year.
Plan will seek infrastructure managers to complement its existing portfolio.
Axiom will manage a $100 million emerging markets equity portfolio for the plan.