The trust may have transitioned its two active international equity investments to a passive non-U.S. core index fund.
The pension plan also made a private equity commitment for pacing purposes last month.
The pension plan terminated two domestic equity managers in the second quarter.
The retirement system also made three commitments at its investment committee meeting last week.
The board also disclosed a private equity commitment at today’s investment committee meeting.
The firm’s seventh direct co-investment program surpassed its $4 billion target.
The plans currently work with general investment consultant Innovest Portfolio Solutions.
An investor consortium led by B Capital and including the $625.7 billion California Public Employees’ Retirement System has agreed to acquire Russell Investments.
The retirement system recently replaced its domestic large-cap value equity manager due to underperformance.
The retirement system is seeking a firm to conduct a fiduciary performance audit.