Extensive and timely coverage of the institutional industry.
The new strategic asset allocation increases its private equity and private credit targets.
The plan will issue RFPs within the next two months due to standard state procurement laws.
The commitments are part of a search for value-add, debt and opportunistic strategies.
The plan is losing a longtime member of its investment team, who will join a neighboring state pension system.
The plan chose a new discretionary real estate consultant over its incumbent and one other finalist this week.
Plan’s investment committee approved up to $115 million in alternatives commitments this month.
The firm’s current CEO is retiring on Oct. 10.
The fund will focus on lower middle market service industry companies.
They will be involved in all aspects of the investment process.
Carlton Chin joined the $3.1 billion Municipal Fire & Police Retirement System of Iowa as its first deputy cio in 2020 and was promoted to cio in July. He took the time to answer 5 questions with FIN News.