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.
The plan had been scheduled to issue the RFP for due diligence purposes.
The plan’s current small-cap core manager was first hired in 2008.