Private Equity
The plan also added a pair of commitments to a new private equity manager relationship.
The pension plan disclosed commitments totaling $720.7 million in the first quarter.
The commitments target energy and digital infrastructure.
The plan was scheduled to consider RFPs for international and domestic small- to mid-cap growth equities this month.
The state retirement system also disclosed several private markets commitments at last week’s board meeting.
The retirement system also made two private equity commitments last month.
The fund surpassed its $500 million target as well as its initial $750 million hard cap.
The plan will commit $16 million to new private equity managers this year.
The retirement fund added one new commitment and increased another pair last month.
The recommended hire of an additional active core-plus manager comes after the decision to implement an all-active approach.
