Real Assets
The retirement fund disclosed commitments totaling roughly $2.1 billion in May.
The commitments include two new manager relationships.
The pension plan will conduct an invitation to bid to fill its 25% public real return allocation.
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.