International / Global / Emerging Markets
The pension plan hired an all-cap core equity manager to handle two mandates within its international equity portfolio yesterday.
The plan’s upcoming search will not include its incumbents.
The board has been preparing to conduct the searches as it works toward a new asset allocation approved in 2021.
The plan had been scheduled to issue the RFP for due diligence purposes.
The search is part of a scheduled review process.
The plan also interviewed two firms in its domestic large-cap growth equity manager search last month.
The plan will consider new structures for its infrastructure, non-U.S. equity and real estate portfolios later this week.
The plan also added a maiden global equity allocation target.
The firm is launching a global value fund to run in parallel with its flagship strategy.
The university hired a new global equity manager and added a commitment to an existing real estate manager relationship within its endowment last week.