Non-U.S. & Global Equity
The plan also hired two global equity managers at a meeting this week.
The health care trust hired an additional core-plus fixed-income manager while swapping out another at this week’s board meeting.
The retirement fund also approved an infrastructure pacing plan earlier this month.
The retirement fund also disclosed commitments totaling $1.1 billion in November.
The pension board will also target $1 billion to non-traditional equity strategies.
The system approved revising the asset allocations for its endowment and liquidity pools after reviewing the allocation strategies for both pools in recent months.
The plan approved a recommendation from plan staff after tabling a decision from last month.
The three firms will vie for a $25 million mandate next month.
The plan is looking to allocate up to $250 million to emerging managers.
The retirement fund hired a value mandate to complement its international growth equity mandate last month.