Alternatives
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.
The plan also held executive director interviews last week.
The plan was mulling a 5% target to either private equity or private credit, ultimately approving the latter.
The fund approved a venture capital commitment to a biotech firm last quarter.
The retirement fund made two commitments last month as part of its annual pacing plan.
The retirement system also approved placing an international equity manager on watch due to a personnel departure.
The public utility fund approved a venture capital commitment earlier this month.
