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The plan will begin a private equity manager search with a focus on secondaries.
The plan is seeking a new retirement administrator for the first time in over 20 years.
The plan hired two emerging managers in its non-core real estate search.
The plan moved its four index funds with Vanguard Group to index funds with Fidelity Investments.
The plan is seeking an investment consultant.
The plan’s cio recommended conducting a search for a general investment consultant.
The plans will interview three firms in addition to the incumbent in its domestic large-cap value equity manager search.
The current CIO will retain his role as head of Fixed-Income.
He assumes cio responsibilities from President and CEO Jeff Wendling, who has been serving in both roles since March 2020.
The fund primarily invests in high-yield corporate bonds of varying maturities.