Real Assets
The retirement system closed on a $75 million commitment to a European infrastructure strategy last month.
The plan has begun its search for private equity, private credit and real assets consultants.
The plan approved commitments to two core infrastructure funds and one new core real estate manager relationship.
The plan committed $70 million total across three funds in the last several months.
The plan’s current illiquid consultants will see their contracts expire.
The pension plan made $512.9 million in total private equity commitments and $90 million in total real estate commitments in the second quarter.
The plans will hire a firm in their ongoing farmland manager search soon.
Plan will work with its private markets consultant to build out large buyout private equity and non-core infrastructure components within its investment portfolio.
The retirement system rehired its incumbent for a five-year contract in 2019.
The plan also hired an international small-cap equity manager after finalist interviews.