Equity
The plan recently terminated three equity managers and made private markets commitments totaling $95 million.
The pension plan will consider approving a private debt manager search and a new 2025 fiscal year asset allocation policy for its four systems this week.
The plan will interview three finalists for a maiden global equity mandate in August.
The pension plan approved three commitments with an existing manager relationship last week.
The plan began a search in April that excluded its two incumbent managers.
The fund has entered a strategic partnership with a global quantitative equity manager, which will see them collaborate to develop cutting-edge investment products and foster innovation to better understand evolving investor needs.
The foundation has hired an investment analyst to wrap up its search for an analyst focused on its public equities portfolio.
The trust fund will consider adding core fixed-income, international equity and private equity secondaries strategies with new investment managers to its portfolio during its board meeting this week.
The search is being conducted in accordance with state procurement laws.
The pension could invest up to $250 million in a short extension strategy.