The plan selected three emerging markets equity finalists and made an additional commitment to an existing infrastructure manager yesterday.
Head will oversee the firm’s global equity, emerging markets, Chinese equity and Asia-Pacific equity teams.
The plan first hired Highclere International Investors in 2019.
The plan hired a total of three firms in its non-U.S. equity searches.
The plan will consider hiring two new managers and signing new contracts with two existing managers next week.
The university approved adding a passive domestic large-cap value strategy to provide a more balanced approach to its equity portfolio and its first private debt manager as it looks to build out its allocation to the asset class.
The plans are looking to fill real estate and international equity mandates totaling $22.5 million.
The 529 plan added emerging markets equity and global REIT strategies within its portfolio of age-based investment options.
A plan based on the West Coast is consideration the addition of active equity managers as part of shift in portfolio structure.
The plan disclosed 14 recent commitments and an equity manager termination.
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