Non-U.S. & Global Equity

Credit/Private Debt
Calif. Retirement System Makes Private Debt Commitment

The commitment is part of the plan’s new portfolio structure, which introduced a 5%, or roughly $500 million, private debt target allocation in November.

Asset Study/Review
Michigan Pension Revamps Asset Allocation

The asset allocation changes resulted in several manager hires and terminations at the retirement system’s November meeting.

Nonprofit News Special Report 2024: Traditional Investments Outlook

2023 was supposed to be a down year for foundations and endowments with a potentially recessionary environment, however, equity and bond returns came out in the green, thanks in part to strong fourth quarters, leaving investors and allocators with a more optimistic outlook for their portfolios entering 2024.

Non-U.S. & Global Equity
Southeast Plan Approves Int’l Small-Cap Core Search

The pension plan will consider potentially replacing its international small-cap core equity manager due to underperformance.

Rocky Mountain 457 Shakes Up Equity, FI Portfolios

The deferred compensation plan recently made several changes to both its equity and fixed-income portfolios.

Non-U.S. & Global Equity
Northeast Pension Plan Terminates Global Equity Manager; Makes Commitments

The pension plan liquidated an approximately $237 million global equity mandate and made commitments totaling $1.4 billion in October.

Non-U.S. & Global Equity
Illinois Pension Approves Int’l Small-Cap Hires

The pension fund hired international small-cap core, growth and value managers to conclude a search initiated earlier this year.

Non-U.S. & Global Equity
Midwest Pension Eyes EMD, EME Searches

The plan is tentatively scheduled to search for active management in emerging market debt and emerging markets equity next year.

Real Assets
Midwest Pension Plan Terminates Timber & Farmland Managers

The pension plan will liquidate its $227.5 million timber mandate and $106.4 million farmland mandate due to underperformance.

Administrator/Record Keeper
Calif. County 457 Slates Record Keeper RFP

The deferred compensation plan will issue a record keeper RFP due to the upcoming contract expiration of its incumbent provider.