The plan made its initial investment in private credit after approving the asset class last year.
A California plan added real estate and private equity commitments at yesterday’s board meeting.
A university in the Midwest will consider allowing investment staff to manage a direct equity portfolio as well as potential international equity and real estate investments at its meeting today.
The plan agreed to move forward with real asset manager searches and terminate a domestic large-cap core equity manager at today’s board meeting.
The trust fund made real estate and private equity commitments after establishing 5% targets in 2019.
The plan is considering committing $700 million in commitments to five private market firms.
The plan approved a new target asset allocation at its board meeting today.
One will serve on the asset management team, while the other is director of senior loan transactions.
The upcoming search comes after the plan expanded its emerging manager utilization goals.
A trust fund in a Midwestern state approved the commitments during its board meeting last week.