Real Estate
The plan has lined up 2026 searches for real assets, real estate and private credit managers.
The retirement system approved up to $320 million across two private markets commitments.
The plan also disclosed $30 million in second quarter alternatives commitments at this week’s board meeting.
The pension plan disclosed more than $500 million in private markets commitments made in recent months.
The retirement system also recently added private markets commitments totaling $26 million.
The retirement system selected three absolute return managers and two real estate managers for possible inclusion within its investment lineup last week.
The pension plan added $79 million in commitments this week.
The retirement fund placed three underperforming investment managers on watch in September.
The fund exceeded its $3 billion target.
The search follows the plan’s decision to introduce a 5% dedicated private credit target allocation yesterday.