International / Global / Emerging Markets
The retirement fund invested roughly $24 million with a new emerging markets equity manager last quarter.
The plan also eliminated its global equity and emerging market debt targets.
The plan interviewed a total of four finalists at a board meeting yesterday.
The plan hired a new international equity manager at today’s board meeting.
The plan’s current international small-cap equity manager has been on watch since early 2023.
The plan hired a new international equity manager at its meeting last week.
The plan interviewed three finalists in a replacement search last week.
The plan is hoping to capture more alpha through the manager change.
The plan will interview three finalists in its global equity manager search in March.
The retirement board wrapped up domestic equity, non-U.S. equity and fixed-income searches at its board meeting this week.