The board also disclosed a private equity commitment at today’s investment committee meeting.
The plan also made two private markets commitments last month.
The plan concluded its global equity manager search with a replacement for one existing firm.
The plan will fund a new passive manager by redeeming an active one within its international equity portfolio.
The retirement system is seeking strategies across the international equity spectrum.
The retirement system made a manager switch after issuing an RFP in February.
The plan also held executive director interviews last week.
The institution and its affiliated foundation added new infrastructure and global equity managers in the first half of 2026.
The pension fund has issued an RFI seeking local managers offering active equity strategies.
The retirement system also approved placing an international equity manager on watch due to a personnel departure.