Equity
The firm has promoted two team members as managing directors on its healthcare and investor relations teams.
The retirement system transitioned its passive domestic equity mandates with BlackRock to active management in the third quarter.
The plan named three finalists to replace its current international growth equity manager.
The plan has selected four firms for further due diligence and evaluation.
The search is being conducted to replace the plan’s incumbent global growth equity manager, which has been on watch due to underperformance.
The plan also received a hedge fund search report that includes 22 responses.
The university approved adding a small-cap value equity fund and an all-equity ESG fund as fund options for participants within its defined contribution plan this month.
The pension plan terminated a roughly $360.5 million emerging markets equity mandate last month.
The plan also placed a domestic equity manager on watch due to underperformance.
The plan also received an update on its global equity manager search at a meeting yesterday.