The plan will interview two finalists in July.
The plan will interview three co-investment finalists next month for an up to $10 million mandate.
Plan will issue the RFP next month on its general investment consultant’s website.
Terminated firm had been placed on watch for performance reasons last month.
The plan is allowed to invest up to 7.5% of total assets into the new asset class.
Commitments to two existing managers totaled $80 million.
Mid-Atlantic Plan Keeps Int’l Equity Mgr. On Watch
The state passed legislation that requires Russian divestments.
The search is for managers to handle $200 million.
Previous principal investment officer joined an asset manager.