Extensive and timely coverage of the institutional industry.
Excellere Partners has made two new additions to its deal team.
The new hires include three additions to the private equity firm’s investment team.
The pension plan recently made $1.5 billion in total commitments and terminated two existing managers.
The plan’s existing high-yield fixed-income managers had been on watch for performance reasons.
The trust will also consider a core-plus real estate manager in May.
A total of $359 million is up for grabs.
The firm’s third real estate debt fund closed with $806 million in capital commitments.
Department is conducting a search to fill several portfolio manager-level roles.
The plan hired a new emerging markets equity manager this month, replacing an underperforming incumbent.
The retirement system approved private markets commitments at its board meeting today.