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Pantheon has closed its third opportunistic credit secondaries fund with $2.2 billion in total commitments.
The plan approved a hybrid of traditional consulting and outsourced cio services for a three-year contract.
The plan established a new 3% target to the asset class earlier this year.
The district received five proposals in response to an RFP issued in November.
The pension is expanding its emerging manager program into the public equity space after initial investments in alternatives starting in 2022.
The plan will move at least a portion of its roughly $57.4 million domestic small-cap core equity mandate to a passive option while it considers the role of the asset class as part of a broader public equity review.
The search is opened to commingled funds, mutual funds or limited partnerships.
AEW Capital Management closed its latest real estate fund with $1.77 billion in total equity commitments.
The plan will not look to renew contracts with two incumbent large-cap growth equity managers.
The position was left vacant last month due to a promotion.