International / Global / Emerging Markets
The university unanimously approved making public equity investments with new domestic and international equity managers within its endowment at its June board meeting.
The pension plan funded one of its separate account mandates for the global equity emerging manager program last month.
The deferred compensation plan will consider potentially replacing two equity managers, which are both on watch.
The plan rehired firms and made one new hire in its search launched last summer.
The upcoming search will seek potential replacements for the plan’s incumbent, which handles $477 million.
The plan also approved a new international equity structure and a real estate pacing plan at today’s board meeting.
The university will consider public equity investments with domestic and international equity managers within its endowment at this month’s board meeting.
The pension plan approved a private debt manager search and new 2025 fiscal year asset allocation policy for its four systems last week.
The search follows the plan’s decision to divest its emerging markets equity allocation from Chinese holdings.
The pension plan liquidated its approximately $1.9 billion international equity mandate and made commitments totaling $108 million in April.