The plan approved a consultant recommendation to replace its existing U.S. small-cap equity option.
A Florida school district has issued an intent to award notice in its investment advisor search.
Plan will review additional opportunities in January after rescinding a private equity fund-of-funds commitment approved in July.
Kweku Obed was appointed to PBGC’s seven-member Advisory Committee by President Biden.
The plan has consolidated its growth and innovation program into the private equity asset class.
New rule allows plan fiduciaries to consider climate change and other environmental, social and governance factors.
Firm closed Raven Asset-Based Credit Fund II at $834 million.
The acquisition increases Westwood’s total assets under management by 33% to $16.3 billion.
The plan approved RFPs for short-term TIPS, long-term government bond and short-term investment grade bond managers at a meeting held last month.
The plan added a follow-on $250 million direct ending commitment earlier this month.