Real Assets
The firms have created a separately managed account that allows financial advisors to allocate to private equity, private credit and real assets.
The pension plan disclosed commitments totaling $1.5 billion in the fourth quarter.
The plan also received a private markets pacing plan at its board meeting today.
The retirement association made 13 commitments totaling more than $900 million.
The retirement system also considered approving a 2026 private markets pacing plan last week.
The retirement plan approved a new long-term asset allocation policy and 2026 private markets pacing plan in the fourth quarter.
The pension fund approved an RFP for a single infrastructure platform to handle a mandate target between $250 million and $450 million last week.
The retirement association was notified of private equity and real assets commitments last week.
The retirement system approved private equity and real assets commitments at its meeting last week.
The pension fund will seek a fund-of-one platform to fill out a 3% target allocation to the asset class.