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New Jersey would join a growing list of states to divest its pension fund from fossil fuel companies if a long-stalled bill passes.
The plan added commitments to a credit fund and a private equity fund this summer.
Plan will continue an ongoing review of potential alternative consulting options at next week’s board meeting.
The plan moved its domestic large-cap value equity mandate with a newly established manager.
The commitments to private equity and private debt total $146 million.
He will work to deepen CIFC’s relationships with clients and lead capital formation efforts.
They will join the firm’s plus fixed-income team and are based in London.
He works with entrepreneurs and leaders across the portfolio to leverage technology through product-driven initiatives.
He is responsible for management of discretionary portfolios and researching capital markets.
The process, known as a tender offer, is among several options GPs have to deliver liquidity back to LPs at a time when distributions and fundraising are slowing.