Infrastructure
The plan’s investment committee also approved reallocating assets from a Japan equity portfolio at a meeting yesterday.
The plan also approved $320 million in alternatives investments at this week’s meetings.
The plan disclosed three commitments totaling $275 million.
The retirement fund authorized commitments totaling $305 million, including one new relationship.
The plan issued an RFP for the services at the start of the year.
The plan made hires after issuing an RFP in March.
The plan will commit $160 million total to infrastructure through 2029.
The pension fund hired its second infrastructure manager in June after hiring its inaugural manager for the asset class last year.
The plan also recently concluded a liquid credit manager search.
The pension system increased private equity and infrastructure and real assets following changes approved this week.