Extensive and timely coverage of the institutional industry.
The plan also added a new 6% target to private credit.
The plan will commit a total of $330 million to the asset class for fiscal year 2026-2027.
The requested services have been done by pension plan employees and its investment manager to date.
The fund and related vehicles closed with $8.5 billion in total commitments.
The retirement system is seeking a successor for its former ceo, who resigned earlier this month amidst an investigation “concerning allegations of misconduct.”
The search is open to core and non-core real estate and infrastructure managers.
The previous head of investment manager research was promoted to cio in December.
The search is part of an orderly succession planning process.
The firm has also named Sandy Ewing as chief capital officer.
The plan also disclosed two private markets commitments.