Infrastructure
The commitments represent new manager relationships for the council.
The plan is considering adding core and core-plus fixed-income managers to its portfolio.
The plan made four follow-on commitments totaling $625 million.
The search for core and core-plus managers is being recommended as part of a 2024 pacing plan.
The university disclosed follow-on credit, infrastructure and real estate commitments made between October and April within its long-term portfolio.
The pension plan’s cio recently approved two real assets commitments.
The pension plan received a recommendation to hire two infrastructure managers and disclosed two private equity commitments last month.
The commitments include a new manager relationship for the plan.
The investment and operations committee approved discretionary private credit and non-core real estate partnerships at this week’s meeting.
The pair of commitments are subject to approval from the full board later this month.