Credit/Private Debt
The pension plan will consider approving one credit and three real estate commitments totaling $180 million at its Jan. 9 investment committee meeting.
The plan hired one international equity manager and terminated three others at this week’s board meeting.
The plan made two commitments totaling $315 million today.
The retirement fund disclosed commitments totaling $850 million in October.
The firm will continue to provide private equity and real asset consulting services for the plan following its rehire last week.
The plan also named finalists in its private markets consultant search.
The pension plan was notified of seven commitments totaling $2.2 billion at its Dec. 11 board of investments meeting.
The pension plan approved a new asset allocation for its Core Trust Fund this week.
The plan hired Albourne as its new strategic investments consultant and brought on Aksia for its private credit portfolio.
The retirement fund will be looking to add an equity long/short strategy to its hedge fund portfolio in the first quarter.