Alternatives
The foundation recently committed $4 million to a value-add real assets manager investing in climate-resilient U.S. farmland and timberland.
The pension fund will also receive presentations from a pair of infrastructure managers and a credit manager for potential commitments in September.
The plan is also expected to hire high-yield and investment grade bond managers later this year.
The plan approved commitments totaling $160 million across four funds in April and May.
The retirement system made the decision last month following finalist interviews.
The retirement plan is expected to issue the RFPs for pacing purposes.
The retirement system committed to the next fund in a series after its last commitment to the manager in 2022.
The plan made four private equity commitments with existing managers this week.
The plan will commit an additional $60 million to private markets this year.
The plan will commit to private credit managers this year for pacing purposes.
