The asset class would be new for the plan.
The retirement system also disclosed commitments totaling roughly $2.5 billion at the meeting.
The county issued an RFP in February as part of a periodic review of its services.
The plan interviewed three finalists in closed session at yesterday’s board meeting.
The plan also recently concluded its non-U.S. equity manager searches.
The city issued a similar RFP in 2024.
The retirement system doubled its target to value-add real estate at a board meeting today.
The plan also terminated a high-yield fixed-income manager in the first quarter.
The plan is looking for providers for its approximately $85 billion index portfolio.
The pension fund’s board reviewed an international equity manager search report to replace an underperforming incumbent last month.