Extensive and timely coverage of the institutional industry.
The plan made six commitments totaling more than $900 million.
The investments and commitments total more than $650 million across public equity and private markets.
The plan placed its sole global equity manager on watch in the second quarter.
The fund’s $45 million in assets are currently invested in a balanced portfolio.
The fund will focus on value-add investments in shopping centers anchored by national retailers in high-growth markets.
The fund closed at its hard cap and surpassed its $1.5 billion target.
The role is newly created.
JJ Wilczewski joined Principal Asset Management as executive managing director and head of U.S. and European distribution effective today.
The firm will be responsible for the plan’s private equity, private credit, private infrastructure and private real assets portfolios.
SLC Management today announced GreenOak as the new single global brand for its $326 billion investment management platform.