Infrastructure
The plan also disclosed two new commitments.
The commitments were made for pacing purposes.
The pension system will hear recommendations to add infrastructure and drop commodities, among other changes, at this week’s board meeting.
The retirement association is considering the two asset classes to replace its commodities portfolio.
The retirement system closed on a $75 million commitment to a European infrastructure strategy last month.
The plan approved commitments to two core infrastructure funds and one new core real estate manager relationship.
The pension plan made $512.9 million in total private equity commitments and $90 million in total real estate commitments in the second quarter.
Plan will work with its private markets consultant to build out large buyout private equity and non-core infrastructure components within its investment portfolio.
The plan also hired an international small-cap equity manager after finalist interviews.
The plan will interview two international equity managers next week to replace its underperforming incumbent.