Equity
The retirement plan transitioned its domestic small-cap growth equity allocation to passive management in the second quarter.
The retirement system also recently made private markets commitments totaling $16.5 million.
The plan launched a search over the summer due to performance concerns with two incumbents.
The pension fund has issued RFPs seeking global public equity and international active extension public equity managers.
The plan is seeking passive equity managers across two mandates.
The retirement system also made a private equity commitment last month.
The plan recently approved allocations to two firms in its public global equity emerging managers search.
The university invested over $2 billion to back the launch of an index ETF that allocates 90% to the Standard & Poor’s 500 Index and 10% to the S&P U.S. Investment Grade Corporate Bond 1-3 Year Index.
The retirement plan also made a private equity commitment for pacing purposes in the second quarter.
The retirement system also approved a fiscal year 2027 real estate pacing plan last week.
