Large-Cap
The plan’s board also voted to place a domestic large-cap value manager on watch.
The deferred compensation plan also placed its domestic small-cap value equity manager on watch yesterday.
The plan also terminated three equity mandates as part of a domestic equity portfolio restructuring.
The plan launched a search over the summer due to performance concerns with two incumbents.
The retirement system also approved a fiscal year 2027 real estate pacing plan last week.
The retirement system also hired a new hedge fund manager in the second quarter.
The plans also replaced a domestic large-cap growth equity manager due to underperformance.
The plan liquidated a domestic large-cap core equity manager in the second quarter.
The deferred compensation plan replaced an underperforming domestic large-cap value equity manager in the second quarter.
The pension plan hired a new domestic large-cap growth equity manager last month.
