Real Assets
The plans will hire a firm in their ongoing farmland manager search soon.
Plan will work with its private markets consultant to build out large buyout private equity and non-core infrastructure components within its investment portfolio.
The retirement system rehired its incumbent for a five-year contract in 2019.
The plan also hired an international small-cap equity manager after finalist interviews.
The plan will interview two international equity managers next week to replace its underperforming incumbent.
The retirement system introduced a 3% public real assets target and made two private equity commitments in February.
The retirement fund disclosed commitments totaling roughly $2.1 billion in May.
The commitments include two new manager relationships.
The pension plan will conduct an invitation to bid to fill its 25% public real return allocation.
The plan launched a search for open-ended infrastructure managers in March.