Real Estate
The firm has announced the final closing of “the largest self-storage fund ever raised.”
The plan recently committed to four private markets managers.
The plan is set to receive pacing plans for private equity, real assets and credit this week.
The plan will also target more $720 million to alternative funds in 2023.
The plan approved a real estate commitment at a meeting last month, completing its annual pacing for the asset class.
The plan last conducted a similar search in 2014, which resulted in the hire of its two incumbents.
The plan committed $10 million to an existing real estate manager last month.
The plan also disclosed private equity, real estate and strategic investments from the third quarter.
The plan disclosed several new commitments and is nearing a decision on a new asset allocation.
The system approved the commitment with an existing manager to continue to diversify the portfolio and realign to its asset allocation targets.