Infrastructure
The pension plan is looking for global infrastructure managers to handle approximately $20 million after approving the search in the first quarter.
The plan will issue an RFP for ACWI ex-U.S. managers in the coming weeks.
The plan concluded a search both launched in 2021 and delayed since last year.
The plan will hire one additional firm in its multi-credit asset class search.
The plans placed Wellington Management Company on watch this week due to the upcoming retirement of a partner and equity research analyst.
The changes include increases to the plan’s core real estate and infrastructure targets and subsequent searches.
The plan also named a new manager at a board meeting earlier this year.
The retirement system added three private commitments at its board meeting last week.
The plan established a 2% allocation to the asset class earlier this year.
The plan approved commitments to two existing managers.