The plan will interview two real estate managers as it looks to complete its pacing plan for the asset class.
The plan will interview three finalists for its large-cap growth search.
But uncertainty remains about future of real estate property income levels and asset prices and their effect on returns.
The plan will begin a private equity manager search with a focus on secondaries.
The plan hired two emerging managers in its non-core real estate search.
The plan moved its four index funds with Vanguard Group to index funds with Fidelity Investments.
The plan committed a total of $150 million to real assets and real estate funds at its meetings last week.
A California pension plan approved a non-core real estate commitment in line with its fiscal year 2022 pacing plan.
The plan added an Asian core real estate commitment with an existing manager.
The hires conclude a strategic fixed-income implementation plan.
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