Credit/Private Debt
The retirement system will also receive annual private markets investment plans this week.
The plan will commit a total of $73 million to four asset classes next year.
The retirement system also approved three commitments totaling up to $90 million yesterday.
The fund is seeking firms to manage two investment grade private placement mandates.
The retirement system also committed more than $1.5 billion to private markets.
The hires follow an RFI issued last month for managers to handle more than $1 billion.
ACORE Opportunistic Credit II closed with more than $1 billion in commitments.
The retirement system also liquidated its domestic small- to mid-cap value equity mandate last month.
The plan made six commitments totaling more than $900 million.
The plan also approved several new private markets commitments at a board meeting last week.
