The retirement system approved the RFP at yesterday’s board meeting.
The retirement system will launch the search soon for pacing purposes.
The retirement system approved infrastructure and private credit commitments at a meeting today.
The retirement system will receive educations on the asset classes at a third quarter board meeting.
The retirement system’s upcoming search will comply with state procurement laws.
The retirement system is working with its general investment consultant to conduct a search for strategies.
The pension system added up to $80 million across asset class strategies in February.
BPC Opportunities Fund V raised over $750 million while the firm’s inaugural BPC Real Estate Debt Fund raised $545 million.
The retirement system diversified its domestic bond portfolio with the investment on April 1.
The retirement system will discuss implementing its new strategic asset allocation with manager searches.