The LP is also weighing the rollover of prior TAO commitments into the latest evergreen vintage, which is targeting $5-7 billion over an 18-month fundraising period.
The pension is also considering allocating to a similar evergreen credit strategy by Pemberton, in addition to a commitment to Cambridge Associates' sequel secondaries fund.
The Zenzic Real Estate Credit Opportunities Fund launched in October 2025 with an anchor investment from GCM Grosvenor.
The pension has acquired interests in two component funds within IDR Core Property Trust, an open-ended commingled real estate vehicle.
The externally managed co-investment fund program will fall under the pension's Active Credit asset class.
Feichtner will help develop scalable, regulatory-compliant secondaries infrastructure for private market products within the wealth segment.
