Credit/Private Debt
The plan expects to add eight additional non-U.S. equity managers over the next two months.
The retirement system added $150 million to an existing relationship this month.
The search is due to the impending contract expiration of its incumbent.
The private credit manager is looking to raise $1.25 billion.
The plan will also interview a finalist in its domestic large-cap core equity manager search next month.
The firm’s largest credit pool of capital to date reached $3.6 billion.
The pension plan has not had consultant coverage for private equity, private debt and private infrastructure.
The fund approved 2025 pacing plans across private equity, private credit and private real assets last month.
The plan launched a search in September for a restructuring of its opportunistic bond portfolio.
The plan added a follow-on commitment to an evergreen fund in which it initially committed $100 million in 2022.