Real Assets
The retirement system also made three commitments at its investment committee meeting last week.
The plan also made two private markets commitments last month.
The plan concluded its global equity manager search with a replacement for one existing firm.
The pension plan also redeemed an alternatives manager at a board meeting today.
The termination comes after the plan reduced its risk parity allocation as part of a new policy approved in April.
The retirement system made investments of $100 million each to “fixed-income replacement” and infrastructure funds this week.
The search comes after the plan increased its target to the asset class by 2%.
The plan disclosed recent activities from its investment committee meeting this month.
The pension fund’s board approved up to $550 million across two commitments at a meeting today.
The university approved four private equity commitments, including one with a new manager, as well as a private real assets commitment at its June investment committee meeting.
