Real Estate
The board also approved rehiring the investment consultant for its deferred compensation plan.
The university hired a new global equity manager and added a commitment to an existing real estate manager relationship within its endowment last week.
The plan also expects to issue a general investment consultant RFI this year.
The commitments complete a search issued late last year as part of the plan’s annual pacing plan for the asset class.
The plan will issue an RFP later this year due to standard state procurement laws and has also tabbed several private markets searches.
The plan scheduled its annual commitments for private equity, private debt, real assets and real estate.
The pacing plan and target allocation changes were recommended as part of an annual real estate program review.
The pension plan added commitments in real estate, private credit and private equity in recent months.
The plan disclosed four total commitments made last month.
