Real Estate
The plan expects to approve three recommended finalists for future interviews at this week’s board meeting.
The retirement association was notified of a hedge fund commitment and real assets reallocation last week.
The plan has lined up 2026 searches for real assets, real estate and private credit managers.
The retirement system approved up to $320 million across two private markets commitments.
The plan also disclosed $30 million in second quarter alternatives commitments at this week’s board meeting.
The pension plan disclosed more than $500 million in private markets commitments made in recent months.
The retirement system also recently added private markets commitments totaling $26 million.
The retirement system selected three absolute return managers and two real estate managers for possible inclusion within its investment lineup last week.
The pension plan added $79 million in commitments this week.
The retirement fund placed three underperforming investment managers on watch in September.