Infrastructure
The pension plan terminated an existing hedge fund manager and committed to a new infrastructure manager in September.
The commitments include private credit, infrastructure, farmland and real estate.
The retirement system hired two active domestic fixed-income managers and approved a structure for its new private debt portfolio today.
The retirement association made hires in its infrastructure and portfolio overlay searches over the last few months.
The retirement system will consider hiring two active domestic fixed-income managers and approving a structure for its new private debt portfolio this week.
The plan received information on a total of 15 managers at its meeting today.
The plan added approximately $300 million in commitments across August and September.
The plan made real estate and infrastructure commitments at a meeting this month.
The pension plan selected seven absolute return managers for possible inclusion within its investment lineup and tweaked its asset allocation policy last week.
The pension plan received staff recommendations to fully redeem a multi-strategy hedge fund mandate and commit to a global infrastructure strategy today.