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.
Selected firm was one of three candidates.
The plan last conducted a search over 10 years ago.
Incumbent’s contract will expire on March 31.
The plan retained its incumbent following a similar search conducted in 2015.
The current executive director and cio is retiring in August.