Non-U.S. & Global Equity
The plan approved criteria for its short-duration fixed-income manager search and made an opportunistic real estate commitment for pacing purposes last week.
The plan eliminated a 5% target to emerging market debt and redistributed it amongst existing asset classes.
The plan expects to conclude the search process in the third quarter.
The plan disclosed $183.5 million in recent private equity, private credit and real assets commitments this week.
The plan hired an international growth equity manager and committed to two existing private equity managers last month.
The plan terminated the manager in the third quarter due to performance.
Plan will replace a recently terminated core real estate manager.
Plan is seeking a dedicated long-only Japan public equity manager.
The plan expects to issue the RFP later this month and make a selection in the third quarter.
Plan is searching for a multi-asset credit manager to fill a maiden allocation to the asset class.