Real Assets
Fund’s investors included a $1.3 billion commitment from the C$714.4 ($525.2) billion Canada Pension Plan Investment Board.
The retirement system added a new 10% target to the asset class in May.
The pension fund hopes to make a commitment in its infrastructure secondaries search this month after narrowing it to three firms.
The commitments include three new manager relationships for the pension plan.
The retirement system hired two firms to manage its 51% private markets portfolio.
The plan’s current real assets consultant will see its contract expire this year.
The retirement fund is scheduled to hear proposed real estate and infrastructure pacing plans at next week’s investment committee meeting.
The board hired an infrastructure manager and adopted a new asset allocation policy in April.
The retirement system adjusted its target asset allocation to optimize its real assets allocation at a March meeting.
The retirement fund terminated a fixed-income manager and made commitments totaling $2.9 billion in March.