Non-U.S. & Global Equity
The retirement plan replaced an existing manager due to performance reasons.
The pension plan will review its upcoming global core equity manager search process at an investment committee meeting next week.
The retirement fund placed domestic small- to mid-cap value and international small-cap equity managers on watch last month.
The pension plan added three new managers to its equity portfolio last week.
The plan bolstered its private real assets portfolio with three commitments today.
The retirement system will allocate $450 million with the new international equity manager.
The investment board also hired a new international growth equity manager.
The pension plan also adopted a new asset allocation policy for its $141.8 billion Core Trust Fund last month.
The retirement system hired a new international large-cap core equity manager for diversification purposes last month.
The plan also made a co-investment commitment last month.