International / Global / Emerging Markets
The plan also interviewed two firms in its domestic large-cap growth equity manager search last month.
The plan will consider new structures for its infrastructure, non-U.S. equity and real estate portfolios later this week.
The plan also added a maiden global equity allocation target.
The firm is launching a global value fund to run in parallel with its flagship strategy.
The university hired a new global equity manager and added a commitment to an existing real estate manager relationship within its endowment last week.
The plan is potentially looking to replace its international developed markets equity manager.
The plan will issue an RFP later this year due to standard state procurement laws and has also tabbed several private markets searches.
The plan replaced several of its passive mandates with Vanguard Group at yesterday’s board meeting.
The pension plan recently committed approximately $7.4 billion total to six funds and terminated 12 existing strategies.
The retirement fund liquidated a $243 million international equity mandate and made commitments totaling $770 million in December.
