The plan is required to report to state legislature on measures and progress.
The search is open to investment advisors and discretionary investment managers.
The plan rehired consultants for its private markets portfolio following a review process.
The plan is looking to invest approximately $14 million with an international developed markets growth equity manager.
The plan made a hire following an RFP process every five years.
The plan is open to core, growth and value strategies and will consider micro-cap managers.
The plan is searching for international small-cap managers due to incumbent contract expirations.
The plan will terminate its commodity manager and exit the asset class entirely due to low return expectations.
The RFI will be used to gather information for an upcoming RFP.
The Northeastern plan will issue an RFP “to see what else is out there.”