Domestic Equity
The pension fund swapped out an active large-cap value equity mandate for a passive one in the second quarter.
The retirement board was also expected to hire a new manager in its domestic small- to mid-cap growth equity manager search.
The pension fund will review potential alternative domestic small-cap equity managers in November.
The plan also terminated two underperforming domestic equity managers.
The deferred compensation plan terminated an underperforming domestic large-cap value equity manager in the second quarter.
The trust recently hired managers to fill its maiden targets to listed infrastructure and listed REITs.
The plan began a replacement search for a domestic mid-cap equity manager terminated last quarter.
The retirement system has issued three RFPs for domestic large-cap and international value and growth equity managers.
The retirement system hired a new domestic small-to mid-cap core equity manager in the second quarter.
The retirement system liquidated the two investments to exit the China market.
