Large-Cap
The retirement system also placed its international large-cap growth equity manager on watch last month.
The retirement system also eliminated its target allocation to multi-asset class solutions last month.
The deferred compensation plan replaced its domestic small-cap growth and international large-cap value equity managers last month.
The defined contribution plan replaced its international large-cap value equity manager, which had been on watch, in the second quarter.
The plan’s incumbent large-cap value manager is planning to shut its doors next month.
The university has added buyout and growth equity commitments as well as active equity and intermediate treasury investments since June.
The fund anticipates awarding five contracts in the search.
The plan is looking to invest up to $35 million across the two strategies.
The pension plan will conduct a search for one or more core/core-plus real estate managers as part of a newly approved real assets fiscal year 2026 investment plan.
The retirement plan will seek board approval to add two domestic equity managers on watch next week.