International / Global / Emerging Markets
Industry strategists see investment opportunities outside of the U.S. in emerging markets, but risks, such as China and its slow growth, pose challenges that institutions should be mindful about, according to a recent webinar.
The plan began an invitation-only search last quarter.
The plan is preparing searches for international and U.S. small-cap equity managers for this year.
The plan will interview four finalists in its international small-cap value search.
The foundation added private equity, private credit and international developed markets equity strategies to its portfolio in the second half of 2023.
The institution added a global equity manager to its watchlist due to organizational changes and made an infrastructure commitment as part of its pacing plan last year.
The searches are for international small-cap equity, emerging markets equity, real estate, private equity and private debt managers.
The commitment is part of the plan’s new portfolio structure, which introduced a 5%, or roughly $500 million, private debt target allocation in November.
The plan also revised its upcoming fixed-income and international equity manager search timelines.
The manager was placed on watch last year for underperformance.
