Board approves private-markets pacing plan and creates multisector bond allocation

May 21, 2026

The board approved the fiscal year 2026–27 private markets pacing plan and voted to reclassify three bond subcategories into a new multisector bond allocation to give staff tactical flexibility while preserving oversight.

The full story

The Board of Administration approved the fiscal year 2026–27 private markets pacing plan and authorized a classification change to create a new multisector bond allocation at its May 26 meeting in San Jose.

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