Real Estate
The pension plan made nearly $274 million in total real estate commitments last month.
The retirement association will look to fill out its new international small-cap equity allocation with a hire next quarter.
The retirement fund anticipates final selection and approval in the third quarter.
The retirement fund added $249 million in new commitment at last week’s board meeting.
The retirement fund disclosed seven commitments totaling roughly $1.4 billion in December.
The plan will interview the two finalists in April.
The retirement system also selected finalists in its domestic core fixed-income manager search today.
The retirement system also hired two value-add real estate managers today.
The retirement system made five commitments totaling roughly $218 million last week.
The plan made up to $90 million in commitments at today’s board meeting.