Alternatives
The plan will commit an additional $60 million to private markets this year.
The plan will commit to private credit managers this year for pacing purposes.
The plan made a commitment today as part of its pacing plan for the asset class.
The pension plan also disclosed more than $500 million in private equity commitments.
The pension plan disclosed up to $170 million in private equity commitments made last month.
The pension fund has issued RFPs seeking value-add real estate and real estate debt managers.
The plan also made two private markets commitments last month.
The pension plan also redeemed an alternatives manager at a board meeting today.
The firm recently closed the second fund in its private equity strategy with more than $1 billion in commitments from a Limited Partner base of new and existing institutional investors.
The plan also approved follow-on private equity fund-of-funds commitments last quarter.
