Real Assets
The pension plan disclosed commitments totaling roughly $778 million in the third quarter.
The retirement system also placed its international large-cap growth equity manager on watch last month.
The retirement board made $250 million in total commitments over the last two quarters.
The plan added commitments with two new hedge fund managers and two existing real estate managers this summer.
The university also made redemptions from domestic and emerging markets equity managers.
The plan approved more than $1.8 billion in commitments at today’s board meeting.
The retirement system also eliminated its target allocation to multi-asset class solutions last month.
The retirement system’s most recent commitments totaled $615 million across four funds.
The retirement system agreed to hire a new discretionary private equity consultant while maintaining the incumbent consultant for discretionary private real return services.
The retirement system made an up to $100 million real assets commitment last week.