Real Assets
The retirement fund disclosed $85 million in recent commitments across private equity and real assets.
The plan is seeking active and passive funds to handle $1.35 billion.
The plan approved $350 million in commitments with GPs at a meeting last week.
The latest fund more than doubled the fundraise of its inaugural fund, which closed in 2022.
The retirement plan approved a private infrastructure manager search to handle a potential 4% target allocation in December.
The trust added targets of 3% each to listed infrastructure and listed REITs in the fourth quarter.
The retirement system also concluded its general investment consultant search in January.
The retirement system also approved a 2026 private markets pacing plan in January.
The plan bolstered its private real assets portfolio with three commitments today.
Orion Mine Finance Fund IV brings the firm’s total assets under management to over $9 billion.