Real Assets
The plan made private markets commitments totaling $44.6 million and approved a 2023 pacing plan last month.
The plan disclosed private equity, tangible assets and real estate commitments with existing managers at its meeting yesterday.
The new asset allocation introduces private credit and infrastructure asset classes.
The RFP is being issued because a number of infrastructure managers are coming to market this year.
The plan disclosed $668 million in total commitments with one new manager and twelve existing managers in the fiscal second quarter.
The plan also closed on commitments totaling $1 billion.
All five commitments were made to existing manager relationships.
The plan is seeking one or two separate account managers to establish emerging manager programs for real assets and real estate.
The plan committed $300 million total to two managers this month and was informed of two private equity co-investments.
The plan is looking for a farmland manager to handle $35 million.