Extensive and timely coverage of the institutional industry.
Plan’s private equity and real estate committees considered adding three commitments totaling $170 million last week.
Plan hired a new fixed-income manager to handle an initial $350 million mandate and disclosed six other commitments last month.
The plan will interview three co-investment finalists next month for an up to $10 million mandate.
They will also retain their existing responsibilities as CIO and COO, respectively.
Bridgewater Associates, the world’s biggest hedge fund, has almost doubled its short bets against European stocks in the past week, according to a report by Bloomberg.
Billionaire hedge fund manager Ken Griffin is moving his company’s headquarters from Chicago to Miami.
Two fundraises reported this week demonstrate the importance of investment focus in the absence of scale.
Plan made asset allocation changes in an effort to move closer to its long-term policy and disclosed four commitments today.
Plan will issue the RFP next month on its general investment consultant’s website.
Plan is seeking private debt managers to each handle an up to $100 million mandate and approved new asset allocation policies last week.