The plan followed its lead consultant to his new shop.
The plan will issue the RFP in June due to the upcoming contract expiration of incumbent RCLCO.
The plan made a $5 million commitment to Capital Dynamics’ Global Secondaries VI.
The global equity manager has hired a new managing director to head up consultant relations efforts.
The plan has not conducted a search since it hired its incumbent consultant 20 years ago.
The plan approved eliminating its global asset allocation target and folding a China equity target into its broader emerging markets equity allocation at its board meeting today.
The international value manager has underperformed its benchmark, prompting discussions of a replacement search for two Florida city plans.
The plan committed a total of $15 million to three secondaries funds at its April board meeting.
The plan approved a new 3% target to infrastructure following an education from its general investment consultant.
The plan will review allocation options in June after receiving educations at its board meeting yesterday.