Real Estate
The plan also received a private markets pacing plan in January.
The plan last conducted a similar search in 2020.
The retirement system also increased its fixed-income target at the expense of real estate.
The plan’s private markets portfolio accounts for more than half of its total assets.
The retirement system’s cio disclosed recent staff-delegated alternatives commitments totaling $110 million.
The trust will also consider a core-plus real estate manager in May.
The pension plan made $851.7 million in total private equity/current return commitments and $288 million in total real estate commitments in the fourth quarter.
The plan will also consider a $30 million re-up commitment with a real estate manager.
The retirement system will also see its executive director resign on Friday after less than a year in the role.
The search is due to the impending contract expiration of its incumbent.