Plan will hear potential options related to its international large-cap value mandate due to the underperformance of its current manager.
Plan approved two new fixed-income investments as part of an overall portfolio transition.
The new hire will build out and spearhead the firm’s investor relations team.
Commitments to private equity fund-of-funds and secondaries will help to rebuild private equity allocation.
The plan will engage in a process to select a new executive director in the coming weeks.
County 457 and 401(a) plans in the Great Lakes region have rehired a general investment consultant as the result of a recent search.
Plan has begun a search for a new executive director following a departure last month.
The plan approved a $10 million investment in the manager at its board meeting today.
Plan will target $25 million to infrastructure for 2021-2022 and could issue an RFP if no existing relationships are out to market.
Plan added a fixed-income manager to its watch list today and has scheduled a presentation from an underperforming equity manager for next month.