The plan made commitments to three funds following closed session interviews.
The plan invested in two new funds while reupping with another one.
The plan increased its pacing plan following a completed asset allocation study.
The plan made several commitments totaling more than $500 million.
Mid-Atlantic Plan Seeking Active Equity Managers
The plan will soon begin domestic small-cap value equity, investment grade fixed-income and TIPS manager searches.
The plan is looking to commit up to $15 million to a secondaries strategy.
The search is due to unexpected departures at plan’s incumbent emerging market debt manager.
The plan will interview three firms at a specially called meeting next month.
The plan is searching for an investment consultant for its investment staff.