The retirement system also hired new domestic small- to mid-cap equity managers in June.
The retirement system has issued its RFP seeking a U.S. small- to mid-cap equity manager to handle approximately $60 million.
The retirement system will issue an RFP next week for a U.S. small- to mid-cap equity manager for a $60 million mandate.
The retirement system reviewed three potential replacement options for an incumbent manager last quarter.
The new domestic small- to mid-cap core equity allocation will complement the retirement system’s existing small-cap manager.
The searches include a maiden domestic small- to mid-cap equity mandate.
The plan added the firm to complement its existing domestic small- to mid-cap core equity manager.
The plan is seeking small-cap, small- to mid-cap and large-cap managers in a search open to core, growth and value styles.
The foundation recently approved an equity investment with a diverse manager within its endowment and mission-aligned investment pool after tracking the firm for years through its investment consultant.
The retirement system will interview two growth and two value finalists next month.