Real Estate
The plan approved two commitments for pacing purposes.
The board replaced its sole real estate manager last month due to organizational concerns and a decline in assets.
The pension plan disclosed commitments totaling roughly $778 million in the third quarter.
The retirement system also placed its international large-cap growth equity manager on watch last month.
The plan is searching for domestic and international equity, core fixed-income and core real estate managers.
The plan disclosed new commitments totaling $525 million at its board meeting last week.
The retirement association added a dedicated infrastructure target as part of a newly approved asset allocation last month.
The plan also reviewed proposed alternatives commitments of up to $995 million this week.
The plan approved more than $1.8 billion in commitments at today’s board meeting.
The retirement fund terminated two equity managers and disclosed commitments totaling $1.7 billion in August.