The plan made changes to its non-U.S. equity portfolio from a search initiated in November.
The plan made two follow-on private investments in the first quarter.
The plan issued an RFP as part of a portfolio structure review.
The plan opted to shift its domestic small-cap equity portfolio to a passive strategy.
The search is being conducted because the plan is underallocated to the asset class.
The plan retained its general investment consultant following an RFP process from last year.
The plan is conducting the search in anticipation of its incumbent’s expiring contract.
Five finalist will vie for the plan’s general investment consultant contract.
The plan hired a firm that will help build a direct hedge fund portfolio.
The plan made a small-cap equity manager switch and is watching its hedge fund-of-fund managers.