International / Global / Emerging Markets
The retirement system conducted a similar search in 2018 that resulted in a manager change.
The retirement system also recently made two private markets commitments.
The retirement system will also look to commit up to $250 million across private markets commitments.
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.