Real Assets
The search will have a particular focus on European and global funds to increase the pension fund’s exposure outside of the U.S.
The retirement association recently made two redemptions for performance reasons.
The commitments to three firms totaled $180 million.
The plan also terminated three equity mandates as part of a domestic equity portfolio restructuring.
The plan approved credit and real assets commitments at today’s board meeting and will consider a private equity commitment next month.
The retirement system also recently made private markets commitments totaling $16.5 million.
The retirement system also made a private equity commitment last month.
The retirement system also recently made commitments totaling $343 million.
The pension plan also hired three core real estate managers this week.
The plan is set to receive an infrastructure pacing plan at a board meeting tomorrow.
