Daily Feed
Plan narrowed a private lending search to three funds for future on-site visits and finalist presentations.
The plan is conducting the domestic mid-cap core equity search due to portfolio management changes at its incumbent, while the large-cap growth hire was made following an RFP issued last year.
The plan hired an additional domestic large-cap growth equity manager after finalist interviews held at its board meeting today.
Plan consolidated its manager roster into a smaller group of firms following approval of a new asset allocation recommended by its consultant last month.
Plan terminated active large-cap value and small-cap growth strategies with a single manager this week.
The plan is looking to hire a dedicated emerging markets equity manager to fill a structural underweight in the portfolio.
The poll of large U.S. asset owners found that 70% of white asset owners either somewhat or strongly agree that promotion of diversity comes at the expense of growth.
He will focus on the operational oversight of portfolio management processes, technology and execution.
The plan approved a credit commitment with an existing manager and a 2021-2024 private equity pacing plan at yesterday’s board meeting.
The plan is gearing up to search for a new international bond manager and expects to hire a new active large-cap growth manager next month.