Large-Cap
The plan’s incumbent domestic large-cap growth equity manager had been on watch due to underperformance following the departure of its portfolio manager.
The plan will also interview domestic large-cap growth managers next month, while the city’s Fire plan will interview emerging markets equity firms.
The plan will issue an RFP for ACWI ex-U.S. managers in the coming weeks.
The plan hired a new domestic large-cap core equity manager to replace its underperforming incumbent.
The fund approved a search for domestic large-cap growth index managers at its board meeting last week to review pricing and see what others firms could provide the services as it has been utilizing the same manager since 2006.
The deferred compensation plan hired two domestic equity managers to replace existing mandates with the same firm yesterday.
The endowment will consider approving a search for a new domestic large-cap growth index manager at its board meeting next week due to the incumbent firm’s placement on an energy discrimination boycott list.
The plan will consider hiring two domestic equity managers to replace existing mandates with the same firm.
The plan’s incumbent was rehired in 2015 following a similar RFP process.
The plan’s incumbents manage more than $1.2 billion.