Real Assets
The retirement system will consider placing its international small-cap core equity manager on watch at Friday’s board meeting.
The asset allocation changes reflect the retirement system’s progress in moving toward its current long-term policy.
The pension plan recently hired three private debt managers as part of an ongoing search.
Macquarie Infrastructure Partners VI closes with over $8 billion in total commitments
The plan was informed of staff-delegated alternatives commitments totaling $1.5 billion at its board meeting last week.
The firm will manage an initial $150 million allocation for the fund.
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.