Bank Loan
The plan terminated its sole reinsurance manager in May.
The plan agreed to advance RFPs for an illiquid credit emerging manager program and passive fixed-income manager.
The plan is searching for a firm to handle up to $220 million.
Plan will issue an RFP for bank loan managers following approval at this week’s board meeting.
Plan will relaunch a search for private credit after reevaluating initial criteria and formally discontinued a bank loan search with no current plans to relaunch.
The plan is looking to refresh its pool of bank loan managers.
A university based in New England has added two commitments to its portfolios.
The plan nears conclusion in its emerging markets equity search and finalizes its bank loan hunt.
The plan hired a fixed-income manager to replace two underperforming incumbents.
The plan has issued a leveraged loan program RFP.