Real Estate
Plan approved a convertible bond hire at today’s meeting as well as private equity and real estate commitments.
Plan committed $50 million to a new core-plus real estate manager this month.
He will manage commercial real estate loan and securities investments.
She is responsible for origination and portfolio management for the firm’s real estate platform.
University will target multifamily housing and industrial supply chain properties after it increased its allocations to real estate, infrastructure and private equity assets within its retirement plan last week.
System approved two real estate commitments within its endowment at its board meeting last month.
The searches will go live on May 2.
Plan’s investment committee will review a recommendation to rehire the incumbent consultant.
The plan replaced the cash overlay provider for its Commingled Trust Fund and approved two private equity commitments yesterday.
The previous ceo will remain on the firm’s leadership and investment teams.
