Large-Cap
The plan’s emerging markets large-cap core equity manager had been on watch due to underperformance.
The deferred compensation plan hired a new domestic large-cap core equity manager last week.
The university has added to its investments with a domestic large-cap equity and multi-strategy hedge fund manager since September.
The retirement system replaced one of its domestic large-cap value equity managers due to concerns about succession planning.
The plan terminated a domestic large-cap growth equity manager last month.
The plans had issued an RFP for the services in the first quarter.
The firm placed its investment in a domestic-large cap fund on watch in the third quarter due to performance concerns, while also removing two funds from watch status.
The retirement system also placed its international large-cap growth equity manager on watch last month.
The retirement system also eliminated its target allocation to multi-asset class solutions last month.
The deferred compensation plan replaced its domestic small-cap growth and international large-cap value equity managers last month.
