Infrastructure
The pension plan made $512.9 million in total private equity commitments and $90 million in total real estate commitments in the second quarter.
Plan will work with its private markets consultant to build out large buyout private equity and non-core infrastructure components within its investment portfolio.
The plan also hired an international small-cap equity manager after finalist interviews.
The plan will interview two international equity managers next week to replace its underperforming incumbent.
The retirement system introduced a 3% public real assets target and made two private equity commitments in February.
The pension plan will conduct an invitation to bid to fill its 25% public real return allocation.
The plan launched a search for open-ended infrastructure managers in March.
The pension plan recently made $1.2 billion in total commitments across its credit strategies, private equity and real assets portfolios.
The pension plan selected nine real assets equity managers for possible inclusion within its investment lineup today.
The fund is currently searching for opportunistic credit managers for its portfolio after consolidating its public credit portfolio into a passive U.S. aggregate bond index in the first quarter.
