Real Estate
The searches comply with standard state procurement laws.
The plan also concluded its real estate and passive manager searches.
The manager has trailed its benchmark for two consecutive quarters.
The selection will conclude a core-plus fixed-income search for a replacement manager.
The plan added $500 million across three new alternatives commitments in the fourth quarter.
The plan expects to issue a notification of award on Sept. 11.
The plan committed $911 million total to a core real estate strategy and three buyout funds yesterday.
The plan will look to fill allocations to private equity, global infrastructure and real estate.
The plan is considering rehiring its general investment consultant and selecting a new consultant for its real estate and real assets portfolios.
The plan is set to review its real estate and global equity portfolios.