Real Assets
The pension plan also made a follow-on infrastructure commitment.
The pension plan disclosed more than $500 million in private markets commitments made in recent months.
The retirement system also recently added private markets commitments totaling $26 million.
The retirement system selected three absolute return managers and two real estate managers for possible inclusion within its investment lineup last week.
The pension fund approved a non-core infrastructure commitment at an investment meeting this week.
The pension plan added $79 million in commitments this week.
The foundation added public equity and real assets managers to its approximately $1.1 billion investment portfolio over the course of the last fiscal year.
The search follows the plan’s decision to introduce a 5% dedicated private credit target allocation yesterday.
The pension plan approved $435 million in alternatives commitments at its board meeting last week.
The search is open to general and private markets consultants.