Private Equity
The pension plan disclosed more than $500 million in private markets commitments made in recent months.
The retirement system also recently added private markets commitments totaling $26 million.
The retirement system selected three absolute return managers and two real estate managers for possible inclusion within its investment lineup last week.
The retirement system approved a private equity commitment with an existing manager relationship last month.
The retirement board also placed one of its private equity fund-of-funds managers on watch this week.
The pension plan approved private equity commitments totaling $2.5 million in the third quarter.
The retirement system also added two private credit commitments in the third quarter.
The pension plan added $79 million in commitments this week.
The search follows the plan’s decision to introduce a 5% dedicated private credit target allocation yesterday.
The pension plan will also receive a staff recommendation to place one of its private equity fund-of-funds managers on watch this week.