International / Global / Emerging Markets
The plan concluded a non-U.S. equity portfolio restructure with an international small-cap hire this week.
The plan will interview three international equity managers, including its incumbent, this summer.
The retirement system also canceled its general investment consultant RFP and approved a 2025 private markets pacing plan in January.
The retirement system selected the firm following finalist presentations held at a board meeting last week.
The pension plan has made four equity investments totaling $850 million.
The university considered adding a fossil fuel-free emerging markets equity strategy within an investment pool and two global equity strategies to its pension fund during its investment committee meeting earlier this month.
The pension fund also concluded a core fixed-income manager search with a hire at this week’s board meeting.
The plan completed a search for emerging markets small-cap ex-China equity managers in the fourth quarter.
The retirement board is seeking an active value-oriented international equity manager.
The firm’s hire will be recommended to the full board at a meeting later this month.