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Board approved a three-year contract extension with StepStone Group Private Debt LLC for private credit consulting services (June 1, 2026 through May 31, 2029), per Resolution 26107.

Board approved a one-year contract extension with PIMCO for Domestic Small Cap Core Equity investment management (Aug 1, 2026 through July 31, 2027), per Resolution 26106.

Board approved a one-year contract extension with Denali Advisors LLC for Domestic Small Cap Value Equity investment management (May 1, 2026 through April 30, 2027), per Resolution 26106.

MainePERS Board voted to add Vanguard Target Retirement Funds (five-year increments through 2070) as investment options in the MaineSTART defined-contribution program (March 12, 2026).

Board approved the appointments of Sonali Dalal and Kelsey Deshler to the Investment Advisory Council (IAC) to fill vacancies, with terms expiring January 2028.

At the March 19, 2026 Retirement Board meeting, the board (motion Wallace) unanimously authorized staff to begin contract negotiations with MGO to perform the financial audit of PERS, the Legislators' Retirement System, and the Judicial Retirement System for the fiscal years ending 2026-2029, total fee not to exceed $921,820, with annual review/reappointment or RFP at the board's option. Financial-statement auditor (governance), not an investment consultant.

At the March 19, 2026 Retirement Board meeting, the board (motion Wallace) unanimously voted to retroactively approve a Contract Addendum with Pathway Capital Management, Nevada PERS' private equity program advisor. No dollar amount stated. Invesco Real Estate also presented a real estate portfolio review (no action taken).

The SIC appointed Kristin Varela as Chief Investment Officer to oversee all investment activities of the $71B sovereign wealth fund. Varela was previously CIO of the Employees' Retirement System of the State of Hawaii (~$26B) and earlier served in leadership roles, including Interim CIO, at New Mexico PERA. The CIO search was led by Dr. Ashby Monk (Stanford Research Initiative on Long-Term Investing) with executive search firm Fram Partners (founder Madison Gesser).

Board approved a new investment commitment of $75M to Warwick V, per PSERB Resolution 2026-18 (Warwick Partners V LP), an energy/natural-resources strategy.

Board approved a new investment commitment of $200M to LS Power Equity Partners (VI), per PSERB Resolution 2026-17 (LS Power Equity Partners VI LP). The press release names the fund 'LS Power Equity Partners IV'; the underlying resolution links to Fund VI.

Board approved a new investment commitment of $150M to DRA Growth and Income Fund (XII), per PSERB Resolution 2026-16 (DRA Growth and Income Fund XII, LLC).

Board recognized former board member Uri Monson, who resigned from the SERS Board in January 2026.

Board authorized staff to award the actuarial services contract (RFP 25-013) to the selected vendor and proceed with contract negotiations; vendor to be named publicly after negotiations.

Board approved a commitment of up to $50M to FP VIII PA Co-Invest, L.P., a co-investment sidecar vehicle alongside Francisco Partners VIII.

Board approved a commitment of up to $30M to Francisco Partners Agility IV, L.P. within the private equity portfolio.

Board approved a commitment of up to $100M to Francisco Partners VIII, L.P. within the private equity portfolio.

At the March 25, 2026 PSPRS Board of Trustees meeting, the board voted 9-0 (motion Papp / Moore) to approve staff's recommendation to initiate a Request for Information (RFI) to retain an independent investment advisory firm to provide general investment consulting services. CIO Mark Steed and IC Chair Harry Papp gave background and referenced the relationship with incumbent consultant NEPC; the RFI launches July 1 with responses due August 1. (Minutes recorded in the May 27, 2026 board materials packet, pending approval.)

Commission unanimously approved amendments to the Investment Policy Statement for the Rhode Island 529 (CollegeBound) Programs incorporating 529 plan expansion language under recent federal legislation (H.R.1). Capital Cities (consultant) and Invesco presented the annual 529 review.

State Investment Commission unanimously voted to commit up to $30 million from the RI Employees' Retirement Systems Pooled Trust and up to $2 million from the RI OPEB System Trust to Energy Capital Partners VI (Private Real Assets ex-Real Estate, energy/sustainable infrastructure). Presented by Investment Officer Kevin Li; StepStone (Ying Lin, Patrick Quinn) provided due diligence. ECP cited as a specialist manager focused on electricity and sustainable infrastructure including natural gas, renewables, and AI/cloud-supporting power.

Board approved staff's recommendation to initiate an RFP for general investment consulting services. Driven by the merger of incumbent consultant Verus Advisory, Inc. with Cerity Partners LLC and the 19-year Verus relationship; the contract exceeds $350,000 annually. President Sibbach appointed Trustees Hamm, O'Quest, and Sibbach to an Ad Hoc Committee for the RFP. Motion carried 6-1 (Sibbach dissenting). Incumbent Verus.

RSIC staff closed a delegated commitment of $30M to Spark Capital IX (venture), reported in the Delegated Investment Report. RSIC commitment date March 31, 2026.

RSIC staff closed a delegated commitment of $70M to Spark Capital Growth Fund VI, reported in the Delegated Investment Report covering investments closed March 5, 2026 to April 2, 2026. RSIC commitment date March 31, 2026.

ACERA Investment Committee received a report on a private credit investment made under staff delegated authority since distribution of the prior IC agenda: Strategic Value Special Situations VI, $45 million.

ACERA Investment Committee received a report on a real assets investment made under staff delegated authority since distribution of the prior IC agenda: Blackstone Infrastructure Partners, LP, $40 million.

Approved the termination of Trian Partners, L.P.

$400M commitment to Sands Capital Scaling Innovation Fund.

$600M commitment to Axiom Concentrated Growth Equity.

Staff presented a termination notice for the Ceredex Small Cap Value domestic equity mandate (approximately $209.7M / 1.6% of the fund as of Dec 31, 2025 per the asset allocation report in the packet).

The Committee voted to increase its investments by acquiring limited partnership interests in two existing partnerships' secondary offerings, with a combined purchase price between $2M and $32.7M, subject to legal review. Partnerships were not named in the public minutes.

The Committee approved an amendment to the Limited Partnership Agreement for Meritech Capital Partners IV (an existing venture/growth partnership), under its authority to execute partnership documents, subject to legal review.

The Committee voted unanimously to consent to a Side Letter to the Agreement for the GQG Global Equity account, subject to legal review (contract administration for an existing manager).

2026 pacing plan recommending $80M to real estate.

2026 pacing plan recommending $380M to private equity.

PERSI's February 24, 2026 Retirement Board packet investment-manager report states Atlanta Capital has been hired to manage a small-to-mid cap quality equity portfolio benchmarked to the Russell 2500 (focused portfolio of 50-60 companies, 5% max position size, 30% absolute sector cap). The portfolio's market value was $708.57M as of January 31, 2026 (2.5% of the $27.9B total fund). The hire is recent (no 3- or 5-year track record shown in the report). Board governance consultant is Mosaic Governance Advisors; general investment consultant is Callan. The Feb 24 agenda also carried a separate Board action item, CIO/DCIO Investment Manager Selection, but the packet did not name that manager.

Board approved a commitment of up to $50M to STG Allegro II, L.P. (Alternatives/private equity). IMRF is an existing investor with $53M aggregate commitments to STG.

Board approved a commitment of up to $30M to Lightbank Access I, L.P. (Alternatives/venture). IMRF is an existing investor with $30M aggregate commitments to Lightbank.

Board approved a commitment of up to $59M to Inflexion Buyout Fund VII, L.P. (Alternatives/private equity). IMRF is an existing investor with $1.1B aggregate commitments to Inflexion.

Board approved a commitment of up to $35M to Longpoint Fund IV, L.P. (Real Assets). Longpoint qualifies as a minority-owned firm per the Illinois Pension Code. IMRF is an existing investor with $45M aggregate commitments.

Board approved a commitment of up to $75M to Crow Holdings Realty Partners XI, L.P. (Real Assets). IMRF is an existing investor with $205.7M aggregate commitments to Crow Holdings.

IPOPIF's 1Q2026 quarterly investment report (prepared by general consultant Verus, presented in the June 5, 2026 Board materials) shows a newly funded manager, MetLife Opportunistic High Yield, an opportunistic high yield corporate credit separate account with a March 31, 2026 market value of ~$298.3M (2.02% of the $14.8B investment portfolio; est. fee 0.300%). The manager line-up lists its inception date as 2/3/2026 (performance table shows first full month 3/1/2026). CIO staff manage the mandate; private-markets consultant Albourne, general consultant Verus.

At the Feb 26, 2026 TRS Investment Committee meeting, the committee unanimously approved staff's recommendation (motion Straub / Schneider) for an investment in Todd Asset Management Intrinsic Value Opportunity of $50M from the Health Insurance Trust.

At the Feb 26, 2026 TRS Investment Committee meeting, the committee unanimously approved staff's recommendation (motion Straub / Schneider) for an investment in Todd Asset Management Large Cap Intrinsic Value of $50M from the Health Insurance Trust.

At the Feb 26, 2026 TRS Investment Committee meeting, the committee unanimously approved staff's recommendation (motion Straub / Schneider) for an investment in Fort Washington Core Fixed Income of $50M from the Health Insurance Trust.

At the Feb 26, 2026 TRS Investment Committee meeting, the committee unanimously approved staff's recommendation (motion Crawford / Schneider) for an investment in Ares Real Estate Partners X: $65M from the Retirement Annuity Trust and $10M from the Health Insurance Trust ($75M total). Discussed under real estate secondaries.

At the Feb 26, 2026 TRS Investment Committee meeting, the committee unanimously approved staff's recommendation (motion Schneider / Crawford) for an investment in TPG AG Value XII (value-add real estate): $65M from the Retirement Annuity Trust and $10M from the Health Insurance Trust ($75M total). Real estate lead Mike Nohalty.

At the Feb 26, 2026 TRS Investment Committee meeting, the committee unanimously approved staff's recommendation (motion Straub / Crawford) for an investment in Fort Washington Private Equity Small Market Investors II: $50M from the Retirement Annuity Trust and $10M from the Health Insurance Trust ($60M total). Small-market PE.

At the Feb 26, 2026 TRS Investment Committee meeting, the committee unanimously approved staff's recommendation (motion Bruce / Crawford) for an investment in NGP SRA II (energy PE): $50M from the Retirement Annuity Trust and $10M from the Health Insurance Trust ($60M total).

At the Feb 26, 2026 TRS Investment Committee meeting, the committee unanimously approved staff's recommendation (motion Crawford / Straub) for an investment in Apax Digital III: $50M from the Retirement Annuity Trust and $10M from the Health Insurance Trust ($60M total). Buyout/digital PE. CIO Tom Siderewicz; alternatives lead Karen Ashby; general consultant Aon Investments USA.

KCERA Investment Committee recommended the Board of Retirement approve Congress Asset Management as investment manager of the Congress Small Cap Value Strategy and authorize the CEO to sign, subject to legal review. Committee vote 4 Ayes (Couch-Kratt). Consultants Scott Whalen and Brian Kwan, Verus.

CIO approved $100M to Otro Capital Fund I, L.P., a buyout fund focused on sports, media and entertainment.