The plan terminated its domestic small- to mid-cap value equity manager at today’s meeting.
The plan opted to retain its incumbent investment consultant at a meeting last month.
The plan approved private equity and non-core real estate commitments at today’s meeting.
The plans are slated to discuss a potential domestic small- to mid-cap value equity manager replacement search at this week’s board meeting.
The plan is seeking multi-sector fixed-income managers to handle approximately $43 million.
The firm has elevated its co-founder and managing partner to the role.
The search will be open to traditional investment consultants as well as outsourced cios.
The managers will complement existing core-plus manager TCW.
The firm appointed Molly Giffen to the role as she rejoins the firm.