The university added two managers from its endowment to its watchlist in the second half of 2024 due to staff changes.
The university approved fully redeeming a large-cap equity fund and reinvesting the proceeds with its other actively managed global large-cap equity strategy.
The retirement system’s current emerging markets equity manager was first hired in 2019.
The retirement system will interview three firms at its board meeting tomorrow.
The commitment represents a new manager relationship for the retirement system.
The retirement system will discuss implementing its new strategic asset allocation with manager searches.
The deferred compensation plan made the decision last quarter after reviewing four potential replacement options.
The pension will allocate $250 million to $400 million each to multiple mandates.
The retirement system shifted away from non-core fixed-income as part of changes approved at today’s investment committee meeting.
The deferred compensation plan is searching for an active manager to handle its ESG investment option.