Real Assets
The pension plan created stand-alone target allocations for real estate and infrastructure and recently added a new member to its investment staff.
The pension plan liquidated an approximately $237 million global equity mandate and made commitments totaling $1.4 billion in October.
The plan made a $20 million re-up commitment to an existing manager relationship this week.
The plan made an up to $50 million commitment to an existing relationship at its meeting last week.
The search will be conducted due to the upcoming contract expiration of incumbent Albourne.
The plan will interview the manager for a potential commitment at its January meeting.
The pension plan committed $21.25 million total to five private markets managers last month.
The pension plan will liquidate its $227.5 million timber mandate and $106.4 million farmland mandate due to underperformance.
The London-based investment firm focused on energy has acquired a U.S.-based private equity firm focused on sustainability investments.
The university disclosed follow-on commitments with existing private equity and natural resources managers within its long-term portfolio made in the third quarter.