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Investment Committee unanimously approved the 2026 private equity pacing plan of $750 million in commitments (presented by staff with Aksia).

Investment Committee unanimously approved private markets benchmark changes from the Cambridge suite to MSCI: Private Equity from Cambridge PE Index (1Q lag) to MSCI Global PE (1Q lag); Infrastructure from Cambridge Infrastructure to MSCI Global Infrastructure (1Q lag); Natural Resources from Cambridge US PE Energy to MSCI Global Natural Resources (1Q lag). Meketa recommended.