International / Global / Emerging Markets
The retirement fund also hired an emerging markets equity manager last week.
The new manager replaced an existing firm in the second quarter.
The retirement system also approved a search for a multi-asset credit manager at the end of August.
The plan added an international large-cap value equity index manager last month.
The pension fund hired a pair of international growth equity managers at this week’s board meeting.
The pension plan will conduct a search for one or more core/core-plus real estate managers as part of a newly approved real assets fiscal year 2026 investment plan.
The state pension plan also committed up to $400 million across two venture capital funds at its meeting today.
The retirement system previously authorized a change to its $37 million investment with the hedge fund manager at a Feb.19 meeting.
The plan first hired the firm in 2018.
The retirement system also made several changes to its public equity and real estate portfolios last week.