Infrastructure
The plan hired two infrastructure managers at its board meeting last week after divesting from a real estate fund in May.
The pension plan made commitments totaling $110 million last week.
The retirement system will consider placing its international small-cap core equity manager on watch at Friday’s board meeting.
Macquarie Infrastructure Partners VI closes with over $8 billion in total commitments
The plan was informed of staff-delegated alternatives commitments totaling $1.5 billion at its board meeting last week.
The firm will manage an initial $150 million allocation for the fund.
Fund’s investors included a $1.3 billion commitment from the C$714.4 ($525.2) billion Canada Pension Plan Investment Board.
The retirement system added a new 10% target to the asset class in May.
The pension fund hopes to make a commitment in its infrastructure secondaries search this month after narrowing it to three firms.
The retirement fund is scheduled to hear proposed real estate and infrastructure pacing plans at next week’s investment committee meeting.