International / Global / Emerging Markets
The plan selected three emerging markets equity finalists and made an additional commitment to an existing infrastructure manager yesterday.
The plan first hired Highclere International Investors in 2019.
The plan terminated an emerging market debt firm as well as an emerging markets equity relationship within its emerging manager program last month.
The plan hired a total of three firms in its non-U.S. equity searches.
The plan will consider hiring two new managers and signing new contracts with two existing managers next week.
The plans are looking to fill real estate and international equity mandates totaling $22.5 million.
She will direct the research process for growth securities.
The plan is conducting its first search for dedicated China public equity managers.
Plan’s investment committee will recommend terminations of an emerging market debt and an emerging markets equity manager at next week’s board meeting.
The plan is considering adding international value managers to complement its growth exposure.