Private Equity
The firm recently closed its seventh fund at its hard cap after attracting a diverse mix of institutional investors.
The fund is considering private equity and infrastructure commitments within its portfolio in December and January.
The plan also approved a recommendation to exit its midstream energy allocation.
The pension plan approved an infrastructure implementation plan at this week’s board meeting.
The pension plan recently made three commitments totaling $800 million.
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.