Real Assets
The new managing director was promoted following the recent retirement of her predecessor.
The plan created a 3% target to multi-asset credit earlier this year.
The pension plan also made credit and infrastructure commitments totaling $130 million last month.
Infrastructure marks a new asset class for the retirement fund.
The retirement plan will hear from six total firms across core and core-plus strategies in the coming months.
The pension plan recently made commitments totaling $945 million and terminated a domestic small-cap growth equity manager.
The pension plan also hired a manager to handle a customized treasury mandate.
The firm is targeting a $2.5 billion close for its second energy and power infrastructure credit fund.
Commitments to the private infrastructure fund market ticked up amid a stronger fundraising environment as institutions seek strategies that offer inflation protection and stability.
Institutional and individual investors are continuing to embrace private markets strategies in search of diversification and higher returns amid ongoing market volatility and geopolitical uncertainty, according to a new report.