Extensive and timely coverage of the institutional industry.
The pension plan approved an infrastructure implementation plan at this week’s board meeting.
The pension plan recently made three commitments totaling $800 million.
The position was left vacant following the retirement of the plan’s former manager earlier this year.
The plan is looking to award $250 million to $3 billion in mandates.
The plan also concluded its small-cap growth search at today’s board meeting.
The fund exceeded the firm’s original target by nearly 40% and doubled the predecessor vehicle’s fundraise.
The pension plan disclosed more than $500 million in private markets commitments made in recent months.
The retirement system also recently added private markets commitments totaling $26 million.
The role is newly created for the Cape Town, South Africa-based global active investment manager.
The retirement system selected three absolute return managers and two real estate managers for possible inclusion within its investment lineup last week.