Non-U.S. & Global Equity
The manager had been placed on watch for performance reasons in the fourth quarter.
The retirement fund will reissue a general investment consultant RFP after selecting a new firm for the role last month.
The plan issued an RFP in December for a firm to manage a $350 million mandate.
The firm interviewed two finalists at yesterday’s board meeting.
The retirement fund disclosed commitments totaling $2.3 billion in the first quarter.
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.