Real Estate
The plan made $350 million in commitments for pacing purposes.
The retirement system also recently made commitments totaling $585 million.
The fund approved a recommendation from its general investment consultant to allow an existing real estate manager discretion to toggle between two different classes of stock to improve its return profile.
The RFI is seeking investment managers who invest in Ohio-based opportunities and is open to strategies across private equity, infrastructure, real estate, equity and bonds.
The pension plan disclosed commitments totaling $1.5 billion in the fourth quarter.
The plan had previously approved the hire of the firm, which experienced a personnel change afterwards and needed additional due diligence.
The plan also received a private markets pacing plan at its board meeting today.
The fund will consider approving a recommendation from its investment consultant to allow an existing investment manager discretion to toggle between two different classes of stock.
The retirement association made 13 commitments totaling more than $900 million.
The retirement system also considered approving a 2026 private markets pacing plan last week.