Real Assets
The pension plan terminated an existing hedge fund manager and committed to a new infrastructure manager in September.
The commitments include private credit, infrastructure, farmland and real estate.
The commitments to three firms represent new relationships.
The retirement system hired two active domestic fixed-income managers and approved a structure for its new private debt portfolio today.
The retirement system will consider hiring two active domestic fixed-income managers and approving a structure for its new private debt portfolio this week.
The plan received information on a total of 15 managers at its meeting today.
The plan added approximately $300 million in commitments across August and September.
The plan made real estate and infrastructure commitments at a meeting this month.
The London-based firm has closed its oversubscribed third fund, which invests in mining and energy transition metals, at its hard cap, marking the largest fundraise in the firm’s fund series.
The managing director of a Northeastern university has joined a mid-Atlantic-based foundation as v.p. to oversee its public equity, public real assets and public fixed-income portfolios.