The firm has re-established its executive team leadership structure and “amicably” parted ways with its ceo.
The plans have been working with their incumbent record keeper since 1977.
The firm named three new partners of the firm.
The plan named four general investment consultant semifinalists at today’s investment committee meeting.
The fund invests in new firms led by experienced private equity investors.
The fund was oversubscribed and closed at its hard cap.
The plan approved two private equity commitments at its board meeting last week.
The plan committed $60 million across three funds at its board meeting today.
The firm was terminated due to the plan’s overweight to international non-large-cap securities.
The plan hired two managers at its board meeting earlier this month.