Non-U.S. & Global Equity
The board hired domestic and international all-cap equity managers last quarter.
The retirement system hired two international equity managers to replace an incumbent that had been on watch since October.
The foundation recently invested in a climate-focused public equity strategy as it looks to achieve net-zero carbon emissions in its portfolio by 2030.
The retirement system also approved private equity and real estate commitments totaling $60 million yesterday.
Nonprofit investors and allocators are tempering expectations for their portfolios in 2026 as they prepare for more moderate returns resulting from increased volatility and heightened valuations along with persistent macroeconomic and geopolitical uncertainties.
The retirement fund also terminated a global equity manager-of-managers and made commitments totaling $695.6 million in October.
The retirement fund also disclosed commitments totaling $1.1 billion in September.
The retirement fund is also scheduled to review a core infrastructure manager for potential inclusion in the portfolio in February.
The retirement system also hired an international all-cap growth equity manager and four infrastructure managers this week.
The pension fund terminated a pair of underperforming international equity managers last month.