Non-U.S. & Global Equity
The retirement system also added two private credit commitments in the third quarter.
The plan is also expected to reduce positions in U.S. small-cap and explore enhanced indexing as parts of an overall global equity portfolio roadmap discussed last week.
The retirement fund terminated the manager due to underperformance.
The termination stems from underperformance and an asset allocation change.
The retirement system also placed its international large-cap growth equity manager on watch last month.
The plan also reviewed proposed alternatives commitments of up to $995 million this week.
The retirement system also eliminated its target allocation to multi-asset class solutions last month.
The retirement fund terminated two equity managers and disclosed commitments totaling $1.7 billion in August.
The new manager was selected for the $60 million mandate following finalist interviews with four total firms this summer.
The deferred compensation plan replaced its domestic small-cap growth and international large-cap value equity managers last month.