Equity
The fund added the domestic small-cap equity manager to its watchlist this summer due to underperformance and will review the firm next year.
The plan will seek board approval to terminate a high-yield fixed-income manager and an emerging markets equity manager.
The plan will begin with a mid-cap growth equity manager search in January.
A college savings plan based in a Southern state has hired an equity manager within its portfolio.
The plan terminated an approximately $799 million emerging markets equity mandate and made commitments with four existing managers and one new manager in September.
The search is to replace an underperforming incumbent manager.
The plan is searching potential replacement for its current domestic large-cap growth equity manager.
The search follows a recent portfolio manager departure from its incumbent manager.
The foundation has added a private equity strategy and an active global equity fund as part of its commitment to achieve net-zero carbon emissions across its endowment.
The university approved private equity, private real assets and public equity investments with new and existing managers within its endowment and liquidity pools.