Venture Capital
The plan also disclosed two private markets commitments.
The agency is seeking a firm to provide a venture capital database monitoring companies, investments or individuals in growth-oriented industries across the state.
The plan was scheduled to consider RFPs for international and domestic small- to mid-cap growth equities this month.
The retirement fund added one new commitment and increased another pair last month.
The recommended hire of an additional active core-plus manager comes after the decision to implement an all-active approach.
The outsourced cio added a managing director at a prominent investment consulting firm to serve as a senior principal and lead its venture capital investing, including heading venture investment research.
The state’s technology and research fund made a new $10 million commitment to a venture firm to promote technological innovations regionally.
The latest flagship fund closed with approximately $2.4 billion in total capital commitments.
The retirement system added commitments to one new and one existing manager relationship last week.
The pension plan also added a global equity manager to its portfolio at a meeting yesterday.
