Credit/Private Debt
The plan will interview three international equity managers, including its incumbent, this summer.
The pacing plans call for a total of $105 million to private markets this year.
The retirement system also canceled its general investment consultant RFP and approved a 2025 private markets pacing plan in January.
The pension plan was notified of two commitments totaling $975 million last week.
The retirement system also kicked off its asset/liability study this week.
The plan’s board voted to commit additional funds to an existing manager and also hire a new manager for the increased allocation.
The plan has issued an RFP seeking multi-asset credit managers.
Hamilton Lane predicts that evergreen funds will grow faster than the overall rate of public markets over the next five years.
The pension system committed $170 million across three strategies in the fourth quarter.
The retirement system will interview two private credit managers at its investment committee later this month.