Searches And Hires
The agency is seeking an investment consultant to advise on its two portfolios, including monitoring manager performance, conducting asset allocation reviews and recommending investment policy improvements.
The plan has lined up 2026 searches for real assets, real estate and private credit managers.
The plan will put more than $14 billion out for bid.
The plan’s emerging markets large-cap core equity manager had been on watch due to underperformance.
The state launched a similar search for services late last year.
The plan also disclosed $30 million in second quarter alternatives commitments at this week’s board meeting.
The retirement system will consider replacing its active domestic mid-cap growth equity manager.
The university approved forming a new for-profit company in partnership with a private equity firm to help support its athletics department.
The office has relaunched a search for a program manager to provide investment management, plan design, administrative and record keeping services for its plan serving individuals with disabilities.
The organization has launched its search for investment managers and custodians for portfolios after approving a new consolidated investment policy statement at its Nov. 20 special board meeting.