International / Global / Emerging Markets
The retirement plan is screening for managers in the securitized credit, short-term investment grade and bank loan asset classes.
The plan also disclosed two new commitments.
The plan also retained two emerging market fixed-income managers.
The searches come as the plan looks to increase the amount of active management in its global equity and U.S. small- to mid-cap equity portfolios.
The pension plan funded its second separate account mandate for the global equity emerging manager program in June.
The fund will interview three finalists at a board meeting this month after narrowing its international equity manager search from 15 total proposals.
The retirement plan replaced its domestic core-plus fixed-income manager following a bond manager review in May.
The plan will move the assets from the underperforming manager to cash for use in making benefit payments.
The university added an international equity investment with an existing manager within its portfolio in the fourth quarter.
The plan is expected to issue the RFPs next month.