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The retirement fund also disclosed commitments totaling roughly $1.7 billion in June.
The deferred compensation plan also hired a new target date fund provider at a meeting today.
The plan’s investment committee also approved reallocating assets from a Japan equity portfolio at a meeting yesterday.
The hire follows the creation of a 7.5% target to the asset class earlier this year.
The plan also approved $320 million in alternatives investments at this week’s meetings.
The plan’s incumbent domestic small- to mid-cap core equity manager had been gradually underperforming the benchmark.
The pension fund approved three commitments to existing manager relationships this week.
The foundation has hired Mount Holyoke’s director of investments as its next investment head as its cio is stepping away after nearly two decades of service.
The retirement plan recently terminated two underperforming domestic equity managers.
The retirement system has already begun a search for his successor.
