Equity
The position is under the direction of CIO Anastasia Titarchuk and Deputy CIO Navyug Patel.
The plan issued an RFP in December for a firm to manage a $350 million mandate.
The pension plan also made a private equity commitment in November.
The retirement fund disclosed commitments totaling $2.3 billion in the first quarter.
The retirement system also concluded its real estate search for debt, opportunistic and value-add managers.
The pension plan will review its upcoming global core equity manager search process at an investment committee meeting next week.
The retirement fund placed domestic small- to mid-cap value and international small-cap equity managers on watch last month.
The plan hired a new international equity manager after interviews yesterday.
The plan replaced its domestic small-cap value equity manager in the fourth quarter due to underperformance.
The deferred compensation fund hired a new domestic large-cap value equity manager at today’s meeting.
