Infrastructure
The board also disclosed a fixed-income manager termination last week.
The retirement system will interview the firms in November for $1.3 billion in total mandates.
The pension fund approved new private markets commitments across private equity, credit and real assets at today’s meeting.
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.
