Private Equity
The retirement fund also approved an Africa-focused private equity commitment earlier this month.
The pension system is also scheduled to review a 2026 pacing plan for private credit at this week’s board meeting.
The firm also surpasses $1.75 billion in regulatory assets under management.
The plan is seeking non-discretionary investment consulting services for its more than $500 million alternatives portfolio.
Fundraising surpassed the firm’s goal in 10 months with over $500 million in total commitments.
The retirement system will also receive private markets pacing schedules this week.
The retirement association has concluded an RFP search launched in June.
The plan approved two commitments for pacing purposes.
The pension system made its third commitment to private credit this year at today’s board meeting.
A trust fund based in a Western state has added a re-up investment with a private equity growth fund series.