International / Global / Emerging Markets
The university also made redemptions from domestic and emerging markets equity managers.
The plan will fund the hires by terminating three existing firms.
The plan also reviewed proposed alternatives commitments of up to $995 million this week.
The retirement system also eliminated its target allocation to multi-asset class solutions last month.
The plan will also receive an international equity manager search report next month.
The search is to potentially augment or replace existing portfolio allocations.
The retirement fund terminated two equity managers and disclosed commitments totaling $1.7 billion in August.
The plan also removed a firm from watch status due to improved performance.
The new manager was selected for the $60 million mandate following finalist interviews with four total firms this summer.
The deferred compensation plan replaced its domestic small-cap growth and international large-cap value equity managers last month.