The city employees plan has an unfilled 7% target to emerging markets equity.
His successor will be named next year.
The plan concluded its emerging markets equity search with two manager hires.
The board approved an initial allocation of $1 billion to emerging managers across multi-asset classes.
The plan will conduct three manager searches in the next three to six months.
Plan approved a new asset allocation as continues work toward separating its assets from the state’s division of investment.
The plan terminated two of its international equity managers last month.
The plan hired two emerging markets equity managers and approved three private markets fund commitments.
A Midwestern pension plan approved a new fixed-income portfolio structure today.
The plan will conduct the search to replace an underperforming incumbent.