Champaign, IL – The State Universities Retirement System Board of Trustees on Sept. 16 voted to retain Nipun Capital and William Blair for Emerging Market Equity mandates with a 50/50 allocation of assets between the two managers, subject to successful completion of contract negotiations. Funding will come from the full liquidation of the State Street Emerging Markets Index fund.
In Other Business:
- The board approved a revised Defined Benefit Plan Investment Policy. The updated policy can be found at https://surs.org/business/investments/policy-and-procurement-practices/.
- Trustees accepted a revised Investment Procurement Policy. The updated policy can be found at https://surs.org/business/investments/policy-and-procurement-practices/.