Alternatives
The city’s two retirement systems committed $12 million apiece for pacing purposes.
The plan made up to $90 million in commitments at today’s board meeting.
The plan’s full board will approve the investment committee’s commitments this week.
The pension plan will consider several alternatives commitments at its board meeting next week.
The retirement fund added a pair of commitments to existing manager relationships last month.
The consulting firm added a senior director to its real assets team in late 2025.
The trust will commit $100 million in total this year.
The university added private equity, real estate, opportunistic credit and private energy strategies with new and existing managers within its endowment in fiscal year 2025.
The retirement fund also hired a new domestic small-cap value equity manager this week.
The investment analyst will join the foundation’s private markets team and assist with overseeing and managing its investment across private equity, natural resources and real estate.