Small-Cap
The plan is seeking managers to handle a total of $135 million.
Funding for the new domestic small-cap growth mandate comes from a passive investment with RhumbLine Advisers.
The plan will move the assets with the state investment trust.
The foundation is eyeing more impact investments this year as it also reviews its fixed-income allocations.
The plan is seeking managers to replicate domestic small-cap and mid-cap equity indexes.
The plan’s current mid-cap and small-cap managers are under review.
The plan opted for an emerging markets equity fund with more diversified holdings.
The pension plan approved new structures for its infrastructure, non-U.S. equity and real estate portfolios last week.
The plan’s upcoming search will not include its incumbents.
The board has been preparing to conduct the searches as it works toward a new asset allocation approved in 2021.