Equity
The plan is seeking passive equity managers across two mandates.
The retirement system also made a private equity commitment last month.
The plan recently approved allocations to two firms in its public global equity emerging managers search.
The university invested over $2 billion to back the launch of an index ETF that allocates 90% to the Standard & Poor’s 500 Index and 10% to the S&P U.S. Investment Grade Corporate Bond 1-3 Year Index.
The retirement plan also made a private equity commitment for pacing purposes in the second quarter.
The retirement system also approved a fiscal year 2027 real estate pacing plan last week.
The retirement system also hired a new hedge fund manager in the second quarter.
The plans also replaced a domestic large-cap growth equity manager due to underperformance.
The plan liquidated a domestic large-cap core equity manager in the second quarter.
The plans replaced their domestic mid-cap growth equity manager, which had been on watch since the fourth quarter.
