The retirement system will discuss implementing its new strategic asset allocation with manager searches.
The pension system also reviewed a private equity pacing plan last week and sent out an invitation only multi-asset credit RFP in April.
The new role unifies the asset manager’s global real estate offering and expands access to firmwide capabilities.
Crestline Direct Lending Fund IV closed with $3.5 billion of investable capital across the fund, related vehicles and anticipated leverage.
The pension system recently disclosed three new $15 million private equity commitments.
The deferred compensation plan made the decision last quarter after reviewing four potential replacement options.
The retirement system shifted away from non-core fixed-income as part of changes approved at today’s investment committee meeting.
The firm’s most recent infrastructure fund reached its hard cap of $2.6 billion.
The new global president and ceo first joined the firm in January 2024 as president and ceo of Fiera Canada and Global Private Wealth.
The managing director joined the firm this month following five years on the high-net-worth side.