Alternatives
The fund will consider increasing portfolio leverage at its next board meeting as it also looks to reposition its venture capital program to exploit new market opportunities.
The plan disclosed more than $250 million in private markets commitments made in recent months.
The plan disclosed three commitments totaling $275 million.
The retirement fund authorized commitments totaling $305 million, including one new relationship.
The commitment satisfies the retirement systems’ 2026 pacing plan for private markets.
A university based in a Southern state will consider recommendations from its consultant to invest in private equity and venture strategies.
The pension fund’s consultant will conduct onsite visits with six evergreen private credit managers in the coming months.
The plan issued an RFP for the services at the start of the year.
The pension system increased private equity and infrastructure and real assets following changes approved this week.
The pension fund approved up to $500 million in private markets commitments at a meeting today.
