In March, an SFP is planned for a co-investment manager. Information on the current manager, if any, and the details of the co-investments sought, was not available. The board is scheduled to approve the SFP on March 10 and issue it shortly thereafter. Proposals will be due on April 11. A selection is scheduled for June 3.
In April, the pension fund plans to issue an SFP for a global real estate investment trust (unhedged) manager. Contracts of current managers Brookfield Asset Management and Dimensional Fund Advisors, which were hired in 2017 to run $200 million each as the pension fund's first REIT managers, will expire on Sept. 6, 2022. The board is scheduled to approve the SFP at its April 7 meeting and issue it shortly thereafter. The proposal due date will be May 9, and a selection is scheduled for July 8.
In June, the pension fund plans to issue an SFP for active domestic small-cap growth equity managers. The contracts of current managers AllianceBernstein and T. Rowe Price Group, which were originally hired in 2017 to split $350 million, will expire on Nov. 29, 2022. That SFP is scheduled to be approved on June 2 and issued shortly thereafter. Proposals will be due on July 11. A selection is scheduled for Oct. 7.
Then, in October, the pension fund is scheduled to issue an SFP for active international equity managers. The contracts of current managers Baillie Gifford and LSV Asset Management will expire on Feb. 28, 2023. They were hired in 2018 to manage about $600 million each. The board is scheduled to approve the SFP on Oct. 6 and issue it shortly thereafter. Proposals will be due on Nov. 7 and a selection is scheduled to take place in January 2023.
Then, in November, the pension fund plans to seek active domestic smidcap core equity managers. The contracts of current managers PGIM Quantitative Solutions (formerly QMA) and William Blair Investment Management, which were originally hired in 2018 to run about $300 million each, will respectively expire on April 4, 2023, and Feb. 28, 2023. The board is scheduled to approve the SFP on Nov. 3 and issue it shortly thereafter. Proposals will be due on Dec. 6 and a selection is scheduled for February 2023.
The pension fund has traditionally invited current managers to rebid, but Mr. Brown could not be immediately reached to confirm this would be the case in the coming year.
Lastly, in December, the pension fund plans to issue an RFP for an active international growth equity manager. The contract of current manager Artisan Partners, which the pension fund rehired to run $450 million in 2018, will expire on April 4, 2023. The board is scheduled to approve the SFP on Dec. 1 and issue it shortly thereafter. Proposals will be due sometime in January 2023 with a selection expected in March 2023.
Investment consultant Aon Investments USA assists with searches.
Separately, also at the system's's board meeting Dec. 3, the board approved buyout fund commitments of up to $75 million to Platinum Equity Capital Partners VI and up to $50 million to Thoma Bravo Fund XV.
The pension fund previously committed up to $100 million to Platinum Equity Capital Partners V in 2019 and $75 million to Thoma Bravo Fund XIV in 2020.
As of Oct. 31, the pension fund's actual allocation was 40% alternative assets/real estate; 27.1% domestic equities; 12.2% international developed markets equities; 6.7% global fixed income; 4.8 each domestic fixed income and emerging markets equities; 1.8% cash/other; 1.5% global REITs; and 1.1% emerging markets debt.
