The plan has begun its high-yield fixed-income manager search
The plan will issue five RFPs this year, beginning with high-yield fixed-income this week.
The search is due to the contract expiration of its incumbent.
The plan is searching for supplemental consulting services in the private equity and private debt asset classes.
The commitments include three new managers.
The plan retained its incumbent domestic large-cap core equity manger after a search report presentation.
The plan hired two managers for its evolving public markets portfolio
The plan heard pacing plans for its private equity, private credit, real asset and real estate asset classes.
The plan made three private equity commitments totaling $50 million at its meeting yesterday.
The plan is looking for replacements for its dynamic asset allocation investment.