Real Assets
The search will not include the plan’s two incumbent firms.
The pension plan first issued an RFP seeking one or two separate account managers to establish emerging manager programs for real assets and real estate in January 2023.
Funding for the new domestic small-cap growth mandate comes from a passive investment with RhumbLine Advisers.
The foundation is eyeing more impact investments this year as it also reviews its fixed-income allocations.
The deferred compensation plan terminated its TIPS manager following a diversified inflation strategies search report in November.
The pension plan will review its domestic core fixed-income manager search at an April 26 board meeting and selected a new executive director last month.
The pension plan approved new structures for its infrastructure, non-U.S. equity and real estate portfolios last week.
The plan is also scheduled to request an emerging markets equity manager search in the coming months.
The plan will consider new structures for its infrastructure, non-U.S. equity and real estate portfolios later this week.
The search is part of a state-mandated evaluation of existing managers.