Domestic Equity
The plan first hired the domestic large-cap growth equity manager in 2012.
The plan is seeking international developed markets large-cap value managers due to the upcoming contract expirations of its incumbents.
The plan terminated a $1.4 billion domestic large-cap value equity mandate and made commitments with four existing managers and one new manager in August.
The plan has begun its search seeking a Standard & Poor’s 500 Index manager.
The plan will issue RFPs within the next two months due to standard state procurement laws.
The plan hired a new domestic small-cap growth equity manager after Voya Investment Management acquired the U.S. business of prior manager Allianz Global Investors.
Draft RFPs will be reviewed next month for scheduled publication in January.
The plan will issue an investment consultant RFP in the coming months due to upcoming contract expirations and recently made two private equity commitments.
The plan is expected to potentially approve an RFP for domestic small- to mid-cap value equity managers next week.
The plan hired an active domestic large-cap core equity manager at today’s meeting as it has been eyeing a return to active management in the space.
