International / Global / Emerging Markets
The retirement system also hired two managers in its emerging markets equity search.
The retirement system added commitments to one new and one existing manager relationship last week.
The plan also terminated an active global equity manager last month.
The pension plan also added a global equity manager to its portfolio at a meeting yesterday.
The retirement system will release its statutorily required RFP later this month.
The plan is seeking active and passive funds to handle $1.35 billion.
The plan named two firms to manage $450 million total.
The manager had been placed on watch for performance reasons in the fourth quarter.
The retirement fund will reissue a general investment consultant RFP after selecting a new firm for the role last month.
The pension plan placed an international equity manager on watch last month.