Extensive and timely coverage of the institutional industry.
The commitments totaled $160 million, including with two new managers.
The plan committed $200 million to a fund-of-one primarily investing in regulatory capital relief transactions.
The plan invested in private debt for the first time.
The new hire joined the plan from NEPC, where he was a research consultant.
The plan made a commitment to an existing infrastructure manager.
One partner runs the firm’s internship program and the other sources, underwrites and acquires real assets.
The plan will discuss an existing international equity manager next month following underperformance concerns.
He will be responsible for sourcing and executing real estate acquisition opportunities across Europe.
The flattening of the U.S. yield curve is set to get a bit more fuel as U.S. pension funds will need to rebalance this month by moving $5 billion into fixed income and out of equities.
Jase Auby is responsible for one of the largest pension funds in the world.