Terra Maria Asset Allocation

Today, the Terra Maria Emerging Manager Program includes all asset classes across the System’s portfolio and represents a significant portion of total plan assets. The below pie chart illustrates the System’s allocation to the Terra Maria Program by asset class:

Terra Maria Asset Allocation – March 31, 2026

Pie chart showing asset allocation: Public Equity 39%, Rate Sensitive 10%, Private Equity 33%, Absolute Return 3%, Credit (Public and Private) 12%, Infrastructure 1%, Real Estate 2%.