Iowa Board of Regents, Urbandale, hired Barclays Global Investors to run $40 million in an S&P 500 index fund and LSV Asset Management to run $16 million in active domestic small-cap to midcap value equities, said Mark Brubaker, vice president of consultant Wilshire Associates. Funding came from cash, said Debra Hendrickson, associate director of business and finance for the board.
The board oversees the $219 million University of Iowa Foundation and the $87 million Iowa State University Endowment Fund