International / Global / Emerging Markets
The plan terminated two managers as part of a non-U.S. equity structure study.
The fund approved the addition of a new international equity manager in April to complete its search for a core manager from 2025.
The plan was scheduled to consider RFPs for international and domestic small- to mid-cap growth equities this month.
The retirement system also made two private equity commitments last month.
The system approved removing a diversifying strategies investment and adding a public equity investment with a new manager within its endowment and liquidity pools this month.
The proceeds will fund a new mandate from July.
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.