Real Assets
The health care trust hired an additional core-plus fixed-income manager while swapping out another at this week’s board meeting.
The retirement plan added $60 million in infrastructure investments at today’s board meeting.
The infrastructure asset class would mark a new investment for the plan.
The retirement system also selected finalists in its domestic core fixed-income manager search today.
The retirement system made five commitments totaling roughly $218 million last week.
The retirement fund also approved an infrastructure pacing plan earlier this month.
The retirement fund also terminated a Russell 1000 Growth Index fund manager today.
Kinterra Critical Materials & Infrastructure Opportunities Fund II closed at its hard cap of $950 million.
The retirement system terminated its sole public diversified real assets manager last month.
The retirement fund also hired a new domestic small-cap value equity manager this week.