Domestic Equity
The pension plan also removed its domestic core fixed-income mandate from watch last month.
The ballot measure aims to establish an endowment to support state government instead of taxing residents with a goal of eliminating individual and corporate income taxes, sales taxes and all other state-sanctioned taxes.
The plan made two hires in its small-cap core equity manager search last quarter.
The retirement system also liquidated its domestic small- to mid-cap value equity mandate last month.
The plan hired one new manager and retained four in its search.
The retirement system parted ways with a manager it had worked with since 2009.
The retirement fund also terminated a domestic large-cap value equity manager at a board meeting today.
The university hired a new private equity buyout fund and made re-up commitments to private equity growth and natural resources funds within its endowment during the first quarter.
The plan will vote on hiring a new domestic small-cap value equity manager at its board meeting later this week.
The pension fund terminated two active managers and moved the nearly $45 million in assets to a passive index.
