Credit/Private Debt
The plan terminated its incumbent direct lending manager in November.
The pension fund will interview four finalists apiece in respective private debt and data-center-focused real estate searches in the coming months.
The pension plan also made two private equity commitments totaling up to $80 million in June.
The plan is also considering adding risk mitigating strategies.
The pension plan also made two commitments at its real estate committee meeting in May.
The search comes after the plan received an education on below investment grade multi-asset credit managers this week.
At least one client will explore alternative options next month.
The retirement system also recently made two private markets commitments.
The retirement fund also hired an emerging markets equity manager last week.
The plan’s investment committee approved a complementary fourth private credit fixed-income manager yesterday.