Real Assets
The plan closed on three private markets commitments last month.
The retirement system’s cio disclosed recent staff-delegated alternatives commitments totaling $110 million.
The firm recently closed its oversubscribed fourth fund with $999.9 million in total commitments, reaching its hard cap within four months of launch.
The retirement system agreed to hire a new core fixed-income manager at today’s meeting.
The pension plan recently made $1.5 billion in total commitments and terminated two existing managers.
The retirement system approved private markets commitments at its board meeting today.
The retirement system will also see its executive director resign on Friday after less than a year in the role.
The search is due to the impending contract expiration of its incumbent.
The firm’s new managing director and head of asset management joins from Blackstone.
The pension plan has not had consultant coverage for private equity, private debt and private infrastructure.