The plan reduced its exposure to international equity and will receive two buyout fund-of-funds manager presentations as part of an ongoing search.
The plan will receive finalist presentations from three liquid multi-sector credit managers and three semi-liquid multi-sector credit managers over the next two months.
The plan will consider replacing its international small-cap equity mandate with MFS Investment Management in May.
The plan hired a value-add real estate manager to move closer to its 7% real estate target.
A Rocky Mountain board will not pursue outsourced cio services for its defined contribution plans following the issuance of an RFI.
The new hires will permanently fill the positions that were left vacant following two resignations last year.
The plan launched the search to fill the newly created position.
The plan approved a pair of private equity commitments with existing managers and 2022 pacing plans yesterday.
The plan made private credit and private equity commitments for pacing purposes at yesterday’s board meeting.
The plan terminated two small-cap equity managers as part of a newly approved domestic equity portfolio structure.