The plan will conduct three manager searches in the next three to six months.
The plan committed a total of $175 million to two funds and hired an unnamed domestic equity manager at its meeting last week.
The fund will make equity investments in core and core-plus infrastructure assets.
Plan approved a new asset allocation as continues work toward separating its assets from the state’s division of investment.
Plan will review better complements within the actively managed portion of its international equity portfolio.
The plan will consider shifting its active international large-cap equity manager to a passive option this week.
Plan added several new asset classes as part of asset allocation targets approved at today’s board meeting.
A California pension plan hired a new real estate consultant and approved a private equity and infrastructure pacing plan today.
Plan will consider breaking up 5% allocation to Master Limited Partnerships and is considering exposures to commodities, listed infrastructure and TIPS.
The fund focused on the energy, transport and logistics sectors, as well as environmental, digital and social infrastructure.