Equity
The foundation is looking to add emerging markets equity and India-focused private equity allocations within its portfolio.
The university recently revised the target asset allocation for its long-term reserves portfolio, increasing its allocations to domestic and international equity.
The retirement system’s board also approved up to $250 million across private markets commitments at today’s meeting.
The search is being conducted due to the closure of one of the retirement system’s investments.
The retirement system also recently made two private markets commitments.
The retirement system will also look to commit up to $250 million across private markets commitments.
The retirement fund also hired an emerging markets equity manager last week.
The retirement system is seeking a replacement for a recently terminated domestic equity manager.
The pension plan will conduct a search for one or more core/core-plus real estate managers as part of a newly approved real assets fiscal year 2026 investment plan.
The state pension plan also committed up to $400 million across two venture capital funds at its meeting today.