International / Global / Emerging Markets

Asset Study/Review
Midwest Plan Increases Private Markets Target; Places Int’l Equity Mgr. On Watch

The plan increased its total private markets target as the portfolio is currently overweight to private equity and private real assets and recently placed an MSCI EAFE Index fund manager on watch due to underperformance.

Real Assets
Mid-Atlantic Plan Discloses Commitments; Names CFO

The plan disclosed two recent commitments totaling $900 million and named a replacement for CFO Barry Faison, who will officially retire on Dec. 31.

Non-U.S. & Global Equity
Northwest Plan Hires Global Equity Managers; Discloses Commitments

The plan hired two new managers and disclosed five commitments at yesterday’s board meeting.

Mid-Atlantic Plan To Review Underperforming Equity Managers

The plan will review an international small-cap value manager and a low volatility equity manager due to underperformance.

Non-U.S. & Global Equity
Southwest Plan Hires Int’l Value Mgr.

Plan hired an international value mandate to fill replace a manager terminated at the end of 2021.

Private Equity
Northwest Plan Places Int’l Equity Mgr. On Watch; Bolsters PE Portfolio

The plan recently placed an international large-cap equity manager on watch due to underperformance and made $80 million in total private equity commitments.

Non-U.S. & Global Equity
Mid-Atlantic Plans Replace Int’l Value Mgr.; Hire Record Keeper

The plans terminated an international value equity manager, which had been on watch, and hired a record keeper and custodian last week.

Non-U.S. & Global Equity
Calif. County Selects EME Finalists

The plan selected three emerging markets equity finalists and made an additional commitment to an existing infrastructure manager yesterday.

Non-U.S. & Global Equity
Virginia Plan Axes Int’l Small-Cap Equity Manager

The plan first hired Highclere International Investors in 2019.

Non-U.S. & Global Equity
Southwest Plan Terminates Emerging Markets Mgrs.

The plan terminated an emerging market debt firm as well as an emerging markets equity relationship within its emerging manager program last month.