Domestic Equity
The plan has launched its search seeking domestic mid-cap growth equity managers ahead of its incumbent’s contract expiration.
The university foundation added several strategies spanning private equity, domestic equity, commodities and high-yield and investment grade fixed-income within its endowment last year.
The plan hired a new domestic small-cap equity manager at its board meeting this month.
The plan has scheduled a meeting with a manager after placing the firm on watch this quarter.
The plan has issued an RFP seeking a domestic large-cap growth equity manager to handle $34 million.
The university updated the fund’s asset allocation targets on the heels of several manager hires earlier in the year.
The nonprofit hired a new active domestic large-cap equity manager last month after deciding to move away from passive equity management this summer.
The plan is conducting the searches to comply with state procurement law.
The university system has added a fossil fuel-free passive index strategy to align with its recent mandate to divest its portfolios of direct and indirect investments in fossil fuels.
The plan moved a portion of its mid-cap value assets to the new small- to mid-cap value manager.
