The plan is seeking complementary core and core-plus fixed-income managers to split its bond portfolio.
Search comes in anticipation of its incumbent’s impending contract expiration.
Plan committed to firm’s fourth fund after previously committing to each preceding fund.
Plan added $30 million across two real estate commitments with existing manager relationships.
Plan will issue an RFP seeking one core and one core-plus fixed-income manager to each handle 12% allocations on Tuesday.
Plan is seeking an investment consultant to review its investment lineup and help conduct a bundled provider RFP in the next two years.
Plan disclosed three May commitments totaling $140 million.
Plan will take a deep dive of the international equity space for potential options after placing a EAFE value firm on watch today.
Plan has to reissued an RFP for private markets consulting and back-office services in anticipation of a September contract expiration with its incumbent.
Plan added a $15 million private equity commitment at last week’s board meeting.