The plan’s incumbent was first hired in 1997.
The plan replaced its existing domestic small-cap value equity manager due to underperformance and organizational turnover.
The city’s deferred compensation and defined contribution plans replaced a domestic small-cap value equity manager today and its defined benefit plan will schedule finalist presentations in its large-cap growth search for next month.
The fund has issued RFPs seeking equity and fixed-income managers.
The terminated manager was first hired in 1990.
The plan received a search report on potential replacements for its incumbent domestic large-cap growth equity manager this week.
The plan concluded its domestic small- to mid-cap equity manager search and made private markets commitments last week.
The plan has launched its search seeking domestic mid-cap growth equity managers ahead of its incumbent’s contract expiration.
The university foundation added several strategies spanning private equity, domestic equity, commodities and high-yield and investment grade fixed-income within its endowment last year.
The plan hired a new domestic small-cap equity manager at its board meeting this month.
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