Plan added two new fixed-income managers in a revamped global bond portfolio at this week’s meeting.

New $4 million commitment was made to a new manager in February.

Plan will issue an RFP seeking diverse-owned private equity managers to handle up to $50 million.

CFO Dana Ousley and Head of Marketing and Client Relations Marta Cotton have been added as partners at the Dallas-based firm.

Studies show that long/ short equity is the most popular strategy employed by fund managers, both for established and new funds. However, investors are pulling capital out of long/ short equity funds at a rapid pace — and have been for the last 12 months at least.

Investing in sustainable funds that prioritize ESG goals is supposed to help improve the environmental and social sustainability of business practices. Unfortunately, close analysis suggests that it’s not only not making much difference to companies’ actual ESG performance, it may actually be directing capital into poor business performers.