Real Assets
The retirement fund liquidated a $243 million international equity mandate and made commitments totaling $770 million in December.
Retirement system is seeking a pool of managers to provide the services.
The hire concludes a search launched last year after the plan established a new 5% target to timber/farmland.
The pension plan approved four commitments totaling $110 million and 2024 real estate and real assets pacing plans yesterday.
The plan is looking to commit up to $200 million across real estate, infrastructure and agriculture in 2024.
The pension plan made private markets commitments totaling $16.25 million last month and will consider a 2024 pacing plan this week.
The structure review calls for the plan to make $1.5 billion in real assets commitments this year.
The plan made several commitments in alternatives asset classes in November and December.
A total of six new commitments and two terminations were reported this month.
The plan also committed to a non-core real estate fund and will redeem from a core fund.
