Real Estate
The retirement system also approved private equity and real estate commitments totaling $60 million yesterday.
The board recently approved real estate commitments and increased previously made private equity commitments.
The plan also made up to $55 million in alternatives commitments in the fourth quarter.
The retirement fund also terminated a global equity manager-of-managers and made commitments totaling $695.6 million in October.
The plan hired two firms to implement emerging manager programs of up to $400 million each for real estate and real assets.
The retirement fund also disclosed commitments totaling $1.1 billion in September.
The fund expects to hear recommendations to add private markets and real estate commitments next year.
The retirement fund is also scheduled to review a core infrastructure manager for potential inclusion in the portfolio in February.
The retirement system also hired an international all-cap growth equity manager and four infrastructure managers this week.
The pension fund terminated a pair of underperforming international equity managers last month.