The plan will target 5% each to the new asset classes.
The plan approved a new asset allocation for its Core Trust Fund yesterday.
The plan committed $910 million total to one new manager and two existing managers this week.
The commitment will fit into the debt-related special situations bucket of the plan’s private equity portfolio.
The plan disclosed two private equity commitments and its exposure to the bankrupt cryptocurrency exchange yesterday.
The fund focuses on early-stage start-up companies in the U.S. or Israel.
The plan may conduct a search to replace its passive core fixed-income manager next year following an asset allocation study.
The plan disclosed a recent agriculture commitment with a new manager.
The district is searching for a firm to assist with the investment of a bond sale next month.
The deputy cio will report directly to CIO Jonathan Grabel in the newly created role.