Private Equity
The retirement fund also hired a new domestic small-cap value equity manager this week.
The retirement fund also disclosed commitments totaling $1.1 billion in November.
The retirement fund approved increases across private equity, private credit, private value-add real estate, MLPs and marketable alternatives this week.
The commitments were made this year under delegated authority.
The retirement fund is targeting private equity finalist interviews at its February and March board meetings.
The plan made $350 million in commitments for pacing purposes.
The pension system approved $245 million in private markets commitments over the second half of 2025.
The retirement system also recently made commitments totaling $585 million.
The sports-focused, operator-founded private equity firm recently closed its inaugural sports fund “substantially” above its initial target.
The fund surpassed the firm’s original target of $725 million.