International / Global / Emerging Markets
The plan is seeking passive equity managers across two mandates.
The retirement system also made a private equity commitment last month.
The plan hired four private credit managers as part of a search at today’s board meeting.
The plan recently approved allocations to two firms in its public global equity emerging managers search.
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 university system will consider a recommendation from its investment consultant to redeem all assets from two global equity managers that it placed on watch earlier this year due to personnel changes and underperformance.
Board will look to add a new emerging markets equity manager within its $187.4 billion Commingled Trust Fund later this month.
