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The plan received an update today on its search and will conduct due diligence on four managers over the next two months.
The plan has now committed $50 million of its $90 million target as part of its 2021 pacing plan.
The plan looks to the past for its new investment head.
Ravenscroft’s Mark Harries has joined Square Mile under the newly-created role of chief investment officer, Investment Week can reveal.
The plan will receive a search analysis of REITs managers as well as review potential alternative investment options in the coming months.
The lack of in-person meetings did not dampen interest in smaller firms, which are putting themselves out there through Zoom.
Diverse investment managers on the firm’s focused placement list rose by 45%, the firm said.
She will lead the West Coast institutional business development efforts.
He will manage relationships with existing investors and attract new investors and coordinate strategic business development.
One began on April 5, while the other joins on May 10.