CalPERS appointed Justin Scripps as Managing Investment Director of Global Fixed Income, where he will oversee the fund's $175 billion global fixed income portfolio after previously leading private debt investments.
Los Angeles County Employees' Retirement Association ($88B) committed $220M to Kingswood Capital Opportunities Fund IV and $100M to Kingswood Capital Opportunities Small Cap Fund I.
Teacher Retirement System of Texas ($211.6B) approved eleven commitments spanning private equity, venture capital, real estate, and real assets, including $115M to Axcel VIII K/S 2 and $100M to Trinity Hunt Partners Fund VIII.
New York State Teachers Retirement System ($143B) committed $134M to Phoenix Equity Partners Insight Fund III, $100M to Valor Equity Partners VII, and $150M to Turning Rock Partners Fund IV, while renewing contracts with nine existing managers.
San Francisco Employees' Retirement System ($41B) approved eight new commitments across private credit, private equity, and infrastructure, and terminated its $276M investment in Select Equity Group's Baxter Street strategy.
Denver Employees Retirement Plan selected Cambridge Associates as OCIO following an 18-month review, replacing NEPC's non-discretionary model ahead of CIO Randall Baum's retirement on October 1, 2026.
OMERS ($133.6B) restructured its investment leadership, appointing Michael Hill as Global Head of Infrastructure and Private Equity and Scott McIntosh as Global Head of Equities and Multi-Asset Strategies, both reporting to CEO Blake Hutcheson.
CPP Investments ($570.1B) committed US$1.75 billion to EQT's AI infrastructure strategy, led by EdgeConneX, expanding its global digital infrastructure exposure.
Kansas Public Employees Retirement System ($32B) approved a new five-year contract with Meketa as general consultant and committed $150M to IFM Global Infrastructure and $135M to CD&R Fund XIII.
Pennsylvania State Employees Retirement System ($38.7B) committed $150M to TJC Resolute Fund VII and approved transitioning a $2 billion international small cap mandate to a passive Russell 3000 strategy.
New Mexico Public Employees Retirement Association terminated its ~$378M AllianceBernstein Global Core Equity account, approved selling its EnCap Energy Capital interests, and committed to General Catalyst XIII Venture and a $100M top-up to ITE Diversified Transportation.
Border to Coast ($160B LGPS Pool) announced Kent Pension Fund will take over as Joint Committee secretariat from South Yorkshire Pensions Authority, part of the broader LGPS Fit for the Future reorganization.