Plan is scheduled to issue an RFI for value-add real estate managers on Friday pending approval at this week’s board meeting.
The plan redeemed its core real estate investment with Heitman.
The plan approved new commitments and announced its new executive director at a board meeting today.
He will focus on the performance and expansion of Pretium’s single-family rental vehicles.
Plans are seeking an international core equity manager to replace an incumbent terminated at last week’s meetings.
The plan will look to commit up to $525 million to private equity and up to $600 million to real assets in 2022.
The plan approved 2022 real assets and private equity pacing plans as well as new real estate and private equity commitments at today’s board meeting.
The city employees plan has an unfilled 7% target to emerging markets equity.
A state investment board in the Pacific Northwest approved a 2022 private equity pacing plan.
The plan made a real estate commitment with a new manager and approved a 2022 pacing plan.