Andrew Junkin is cio of the $105.9 billion Virginia Retirement System. He took the time to answer 5 questions with FIN News after last contributing in 2020.
The county treasurer’s office selected a new investment advisor to manage its fixed-income investment portfolio.
The investment officer will report to Executive Director and CIO Craig Slaughter.
The fund and associated vehicles closed with $5.3 billion in commitments, marking the firm’s largest-ever fundraise.
The pension plan’s cio recently approved two private equity commitments.
The commitment is part of the plan’s new portfolio structure, which introduced a 5%, or roughly $500 million, private debt target allocation in November.
The pension plan is seeking several managers to handle a yet-to-be-determined mandate.
The transaction is expected to close in the third quarter.
The structure review calls for the plan to make $1.5 billion in real assets commitments this year.
The plan replaced its domestic mid-cap growth equity manager due to underperformance.