Small-Cap
The plan made two hires in its small-cap core equity manager search last quarter.
The plan will vote on hiring a new domestic small-cap value equity manager at its board meeting later this week.
The pension fund terminated two active managers and moved the nearly $45 million in assets to a passive index.
The plan interviewed three domestic small-cap growth equity managers in August for the mandate.
The foundation added a new small-cap value equity manager within its portfolio in the first quarter.
There are no plans for a replacement search at this time.
The deferred compensation plan also placed its domestic small-cap value equity manager on watch yesterday.
The retirement plan transitioned its domestic small-cap growth equity allocation to passive management in the second quarter.
The plan also terminated three equity mandates as part of a domestic equity portfolio restructuring.
The retirement system also recently made private markets commitments totaling $16.5 million.
