Real Assets
The plan is considering rehiring its general investment consultant and selecting a new consultant for its real estate and real assets portfolios.
The plan hired three firms, including a first-time manager.
The plan committed $120 million total to two existing manager relationships this week.
The plan is considering follow-on commitments to eight existing managers.
The plan committed $75 million to a new manager last week.
The plan made private markets commitments totaling $44.6 million and approved a 2023 pacing plan last month.
The plan disclosed private equity, tangible assets and real estate commitments with existing managers at its meeting yesterday.
The new asset allocation introduces private credit and infrastructure asset classes.
The RFP is being issued because a number of infrastructure managers are coming to market this year.
The plan disclosed $668 million in total commitments with one new manager and twelve existing managers in the fiscal second quarter.