Small-Cap
The plan expects to approve three recommended finalists for future interviews at this week’s board meeting.
The pension system hired a new manager after closed session deliberations at a meeting this week.
The plan also concluded its small-cap growth search at today’s board meeting.
The retirement system also recently added private markets commitments totaling $26 million.
The university also liquidated fixed-income and equity strategies to fund endowment spending and university advancement payouts.
The retirement system also eliminated its target allocation to multi-asset class solutions last month.
The retirement fund terminated two equity managers and disclosed commitments totaling $1.7 billion in August.
The deferred compensation plan replaced its domestic small-cap growth and international large-cap value equity managers last month.
The fund anticipates awarding five contracts in the search.
The retirement system approved issuing the RFPs last month due to standard state procurement laws.
