Plan approved maintaining its core real estate exposure with an inherited relationship.
Plan approved a $10 million investment in an agricultural REIT strategy this week.
Plan added several new asset classes as part of asset allocation targets approved at today’s board meeting.
A California pension plan hired a new real estate consultant and approved a private equity and infrastructure pacing plan today.
Plan will see a firm for passive U.S. and non-U.S. equities, fixed-income and real assets investment management services.
His responsibilities will be assumed by other managers.
The plan has issued an RFP for value-add real estate managers.
The plan expects to conduct several manager searches in 2022.
The plan made three commitments totaling up to $32 million at its board meeting last week.
The plan made a $10 million core real estate commitment at its board meeting last week.