Real Assets
The pension plan has not had consultant coverage for private equity, private debt and private infrastructure.
The fund approved 2025 pacing plans across private equity, private credit and private real assets last month.
The retirement system will conduct a search for three fixed-income mandates.
Under today’s conditions, many nonprofits and allocators are looking at other macro trends — especially the advancement of artificial intelligence technologies and concomitant demand spike for energy and infrastructure — that bode well for their alternatives allocations.
The university added a commitment to a carbon trading impact fund within its endowment in the fourth quarter.
The retirement fund disclosed commitments totaling $3.1 billion in November.
The retirement fund has posted an RFP for infrastructure managers to handle a $50 million to $80 million allocation.
The farmland manager will handle mandates totaling $28 million for two pension plans.
Plan added a real assets commitment to a prior manager relationship this week.
The retirement board’s latest search is required by state statute.