The plan made a $10 million core real estate commitment at its board meeting last week.
A follow-up note from a marketer helped win the manager win a mandate, showing that the little things can lead to big money for asset managers.
The plan hired two firms to handle a total of $48 million at its board meeting last week.
Blue Owl Capital has agreed to acquire Oak Street Real Estate Capital for $950 million, the firms announced.
The changes would result in manager searches across fixed-income, equity, real estate, private equity and infrastructure.
The plan hired a new general investment consultant in the second quarter to replace AndCo Consulting.
The plan is conducting the search after voting to consolidate three existing index portfolios into a Russell 3000 Index.
A Florida general employees retirement system will interview two credit managers to each handle potential $20 million commitments and will also bring in a diverse-owned fixed-income manager as part of its emerging manager program buildout.
The plan is issuing the RFP due to a change in strategy at the incumbent manager.
Tim Stidham will lead the firm’s sales growth after joining from PFM Asset Management.