Real Assets
The plan disclosed more than $250 million in private markets commitments made in recent months.
The plan disclosed three commitments totaling $275 million.
The retirement fund authorized commitments totaling $305 million, including one new relationship.
The plan issued an RFP for the services at the start of the year.
The plan made hires after issuing an RFP in March.
The plan will commit $160 million total to infrastructure through 2029.
The plan also recently concluded a liquid credit manager search.
The pension system increased private equity and infrastructure and real assets following changes approved this week.
The pension fund swapped out an active large-cap value equity mandate for a passive one in the second quarter.
Evergreen funds have seen tremendous growth and interest in recent years, which the industry anticipates will continue as data entered in the second quarter of the year showed an uptick in commitments to these perpetual investment vehicles that provide institutions with positive attributes.