Real Estate
The retirement systems are looking for non-core real estate managers to handle a total of $43 million.
The retirement system also committed more than $1.5 billion to private markets.
The plan will consider approving an RFP at next week’s investment committee meeting.
The plan is conducting a replacement search after terminating its incumbent core fixed-income manager today.
The plan made six commitments totaling more than $900 million.
The plan also approved several new private markets commitments at a board meeting last week.
The plan is slated to interview four finalists in its real estate debt manager search next week.
The pension fund approved up to $650 million in new private markets commitments at a meeting today.
The retirement system is conducting the search to “assess the feasibility” of establishing a private markets emerging manager program.
The pension fund committed $24 million across new real estate manager relationships last month.
