Large-Cap
The plan is seeking small-cap, small- to mid-cap and large-cap managers in a search open to core, growth and value styles.
The plan will also receive a domestic large-cap growth equity manager search report next week.
The plan hired an index manager to replace its active large-cap growth equity manager.
The deferred compensation plan reviewed an initial search report at its deferred compensation committee meeting last week.
The deferred compensation plan replaced its emerging markets large-cap core equity manager, which had been on watch since January 2022.
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 will discuss implementing its new strategic asset allocation with manager searches.
The plan is conducting the search in anticipation of the expiring contracts of its three large-cap growth managers.
The foundation swapped domestic large-cap equity firms within its long-term portfolio as its incumbent managers have underperformed.
The domestic large-cap equity manager was hired as part of the board’s U.S. equity 2.0 portfolio.