The plan committed a total of $150 million to real assets and real estate funds at its meetings last week.
A California pension plan approved a non-core real estate commitment in line with its fiscal year 2022 pacing plan.
The plan approved a maiden 5% allocation to infrastructure at a meeting last week.
Plan’s investment committee approved a pair of real assets commitments subject to full board approval next week.
Plan will retain its existing investment consultants as the result of a search launched last quarter.
Hires stem from a newly adopted asset allocation.
The plan is seeking managers to handle an up to $600 million mandate.
The search is to replace a manager terminated at last month’s board meeting.
The two private equity commitments were made for pacing purposes.
The plan made a $25 million infrastructure commitment last month.
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