Real Assets
The pension plan approved four commitments totaling $110 million and 2024 real estate and real assets pacing plans yesterday.
The plan is looking to commit up to $200 million across real estate, infrastructure and agriculture in 2024.
The pension plan made private markets commitments totaling $16.25 million last month and will consider a 2024 pacing plan this week.
The structure review calls for the plan to make $1.5 billion in real assets commitments this year.
The plan made several commitments in alternatives asset classes in November and December.
A total of six new commitments and two terminations were reported this month.
The plan also committed to a non-core real estate fund and will redeem from a core fund.
The plan also revised its upcoming fixed-income and international equity manager search timelines.
The pension plan expects to conclude the search at its June 12 board of investments meeting.
The plan will consider a recommendation to conduct an RFP for one to two buyout/special situations fund commitments next year.