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The plan opted to shift its domestic small-cap equity portfolio to a passive strategy.
The plan will receive presentations from two private infrastructure managers at a meeting next month.
The new advisor will work with Aksia’s North American clients on portfolio construction and manager selection.
The new promotions include a v.p., two senior associates and a principal.
The search is being conducted because the plan is underallocated to the asset class.
A Midwestern pension plan has issued its RFP for general investment consulting services.
The plan concluded its high-yield fixed-income manager search and disclosed up to $555 million in private equity commitments at its board of investments meeting this week.
A California plan restructured its absolute return portfolio and hired an overlay services provider at yesterday’s board meeting.
The plan voted to reduce the managers handling its global tactical asset allocation portfolio from three to two at a meeting yesterday.