Daily Feed
The departures appear to have taken place earlier this month.
Plan terminated a domestic small- to mid-cap equity firm and redistributed assets to its existing managers.
Plan is looking to fill a new $700 million allocation to global credit and conduct due diligence on its passive investment managers.
She will leave the Kansas City, Mo.-based firm at year-end.
He will lead a new effort in sourcing and managing privately placed investment-grade credit investments.
The plan committed to two private equity funds following interviews held today.
The plan will issue RFPs this quarter after canceling previous search due to COVID.
Firm has announced the final close of the fund at $4 billion.
The firm added multiple members of the Spring Bridge Partners team, including its two founders.
Firm has taken a minority stake in the defensive investment vehicle manager.