Real Assets
The retirement plan approved a private infrastructure manager search to handle a potential 4% target allocation in December.
The trust added targets of 3% each to listed infrastructure and listed REITs in the fourth quarter.
The retirement system also concluded its general investment consultant search in January.
The retirement system also approved a 2026 private markets pacing plan in January.
The plan bolstered its private real assets portfolio with three commitments today.
Orion Mine Finance Fund IV brings the firm’s total assets under management to over $9 billion.
The newest commitments come as part of a pacing plan for the asset class.
The retirement system made six commitments totaling $265 million this week.
The pacing amounts were approved in conjunction with an adjusted asset allocation.
The plan will allocate $1.35 billion to active and passive infrastructure strategies.
