Private Equity
All five commitments were made to existing manager relationships.
The plan rehired its incumbent private equity consultant last month.
The board will consider hiring a new public markets consultant later this month.
The plan committed $300 million total to two managers this month and was informed of two private equity co-investments.
The plan made a $25 million re-up with an existing fund at its investment committee meeting this week while also opting to rescind a private debt commitment due to delays in deploying capital.
The plan increased its target allocations to credit and hedge funds last month and recently approved three commitments totaling $125 million.
The plan has begun searches for international equity and core and non-core real estate managers.
The current consultant will see its contract expire this year.
The appointments include one internal promotion and one external hire.
The West Coast-based firm has entered a partnership with a digital asset platform to develop a range of single-coin, multi-coin and thematic indexes for institutional investors.