Equity
The investment board also hired a new international growth equity manager.
The pension plan also adopted a new asset allocation policy for its $141.8 billion Core Trust Fund last month.
The state deferred compensation fund previously authorized a search to replace an underperforming incumbent in January.
The retirement system hired a new international large-cap core equity manager for diversification purposes last month.
The plan also made a co-investment commitment last month.
The plan also hired two credit managers in the fourth quarter.
The university added an international equity strategy with an existing manager and a hedge fund credit strategy with a new manager in the first quarter.
The retirement system will consider six commitments totaling $265 million at Thursday’s investment committee meeting.
The pension plan terminated a roughly $18 million mandate with an international growth equity manager in the fourth quarter.
The pension plans received seven submissions in response to a joint RFQ issued in October.