Real Assets
The plan launched a search for open-ended infrastructure managers in March.
The plan also approved a new international equity structure and a real estate pacing plan at today’s board meeting.
The pension plan selected nine real assets equity managers for possible inclusion within its investment lineup today.
The pension plan liquidated its approximately $1.9 billion international equity mandate and made commitments totaling $108 million in April.
The pension plan has selected one firm to provide hedge fund, credit and real assets consulting services.
The plan recently terminated three equity managers and made private markets commitments totaling $95 million.
The pension plan approved three commitments with an existing manager relationship last week.
The pension plan will consider hiring one firm to provide hedge fund, credit and real assets consulting services next week.
The commitments were made in closed session at this week’s board meeting.
The pension plan hired two infrastructure managers in an effort to build out its natural resources/infrastructure allocation in April.