Plan has issued a passive index manager RFP due to state procurement regulations.
A Texas city has rehired an advisor to manage its $272 million portfolio.
The plan added an allocation to global equity through the liquidation of another portfolio.
The current director is retiring in January.
The plan will be seeking a provider to manage five index mandates.
The plan hired three firms in its international equity search.
He will lead a team focused on making direct investments in private companies across North America and Europe.
They will initially target opportunities in the direct lending segment.
He will focus on origination for the firm’s credit strategy in the Southeast U.S.
His day-to-day responsibilities have been assumed by other team members.