Real Assets
The commitments include five new relationships for the plan.
The plan scheduled its annual commitments for private equity, private debt, real assets and real estate.
The pension plan expects to conclude the searches between April and May.
The plan disclosed four total commitments made last month.
The pension plan recently committed approximately $7.4 billion total to six funds and terminated 12 existing strategies.
The council laid out plans to achieve an interim target by 2035.
The retirement fund liquidated a $243 million international equity mandate and made commitments totaling $770 million in December.
Retirement system is seeking a pool of managers to provide the services.
The hire concludes a search launched last year after the plan established a new 5% target to timber/farmland.
The pension plan approved four commitments totaling $110 million and 2024 real estate and real assets pacing plans yesterday.