Equity
The trust will also consider a core-plus real estate manager in May.
The plan now has two active managers in its global equity portfolio.
The university added a new global public equity investment and a private equity commitment with existing managers within its endowment in the fourth quarter.
The plan expects to add eight additional non-U.S. equity managers over the next two months.
The plan will also interview a finalist in its domestic large-cap core equity manager search next month.
The plan interviewed a total of four finalists at a board meeting yesterday.
Performance of the largest endowments generally trailed that of their smaller counterparts for the second year in a row due to a lack of exposure to the U.S. equity markets and large technology companies, according to new research from an investment consultant.
The plan hired a new international equity manager at its meeting last week.
The plan interviewed three finalists in a replacement search last week.
The plan has also terminated an underperforming international equity manager.
