Emerging/Diverse Managers
The plan hired two firms to implement emerging manager programs of up to $400 million each for real estate and real assets.
The retirement fund also disclosed commitments totaling $1.1 billion in September.
The retirement association was notified of a hedge fund commitment and real assets reallocation last week.
The plan discussed the RFP at its emerging manager subcommittee last month.
The retirement fund terminated two equity managers and disclosed commitments totaling $1.7 billion in August.
The retirement fund disclosed eight commitments totaling $1.1 billion in July.
Team members from an outsourced cio have started a new platform to capitalize on opportunities outside the U.S.
A university based on the East Coast is looking to add emerging private equity and venture capital managers to its portfolio.
The retirement fund is seeking both minority-, women- and disabled-owned commingled fund managers and Africa-focused buyout, growth or special situations managers.
The retirement fund’s investment committee also restructured its domestic equity portfolio to help meet impending sustainability goals.