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.
The plan has now committed $50 million of its $90 million target as part of its 2021 pacing plan.
The plan looks to the past for its new investment head.
The plan named four contenders for its emerging markets equity search and concluded its non-U.S. small-cap search.