International / Global / Emerging Markets
The plan is expected to issue the RFPs next month.
The retirement system approved an active international equity manager RFP last week.
The plan is also searching for an emerging markets ex-China manager.
The plan also issued its RFP seeking passive fixed-income managers.
The plan adopted a new asset allocation that also eliminated risk parity and more than doubled its hedge fund target this week.
Plan staff will conduct on-site visits with six private debt firms next month.
The plan hired a new manager to replace its underperforming incumbent.
Plan will work with its private markets consultant to build out large buyout private equity and non-core infrastructure components within its investment portfolio.
The RFP was slated to be issued to comply with standard state procurement laws.
The plan also hired an international small-cap equity manager after finalist interviews.