Real Estate
The real estate commitment represents a new relationship for the plan.
The retirement association also recently committed $205 million across six new funds.
The plan also made a private credit commitment at today’s board meeting.
The trust recently hired managers to fill its maiden targets to listed infrastructure and listed REITs.
The pension plan’s deputy cio will also retire next month after a decade in the role.
The search comes in conjunction with a manager redemption request approved this week.
The retirement system opted to retain its general investment consultant at a board meeting last week.
The plan approved commitments totaling $160 million across four funds in April and May.
The retirement plan is expected to issue the RFPs for pacing purposes.
The pension plan also disclosed more than $500 million in private equity commitments.
