News

Plan added three value-add commitments with existing manager relationships.

The plan disclosed several new private commitments in addition to two absolute return manager redemptions at its meeting Friday.

Selected international large-cap growth equity manager will handle between $1 billion and $2 billion and the U.S. REIT manager will manage between $100 million and $200 million.

She will oversee the execution and implementation of the firm’s operational strategy.

Global value hire will replace the plan’s existing passive global core equity mandate with Northern Trust Asset Management.

The plan approved eliminating its global asset allocation target and folding a China equity target into its broader emerging markets equity allocation at its board meeting today.