Searches And Hires
The pension plan was notified of two commitments totaling $257.5 million at its Nov. 13 board of investments meeting.
The pension plan has not had consultant coverage for private equity, private debt and private infrastructure.
The commission is searching for a discretionary manager for its non-pension assets.
The asset classes were recommended by the OPEB trust’s new general investment consultant.
The retirement system will also launch a search for private credit managers next year.
The plan added a follow-on commitment to a healthcare-focused private equity firm this week.
The retirement trust will interview two core real estate managers at its February board meeting.
The plan will replace its core-plus and global opportunistic bond managers.
The pension plan recently made commitments to two existing manager relationships.
The university approved private equity and real assets commitments within its endowment fund at its November investment committee meeting.