The plan is watching two absolute return managers due to concerns related to turnover and portfolio construction.
The corporation added a head of international investments.
The plan made three private equity commitments over the last two months.
The plan adopted a new asset allocation that includes a maiden target to the asset class.
The plan’s current administrator is retiring this week.
The plan concluded its domestic small- to mid-cap equity manager search and made private markets commitments last week.
The plan hired a short-term bond manager and retained its general investment consultant.
The pacing plans will target a combined $625 million to the two asset classes.
The plan has launched its search seeking domestic mid-cap growth equity managers ahead of its incumbent’s contract expiration.
The plan retained its high-yield bond manager from a field of 28 candidates.