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The decision is part of the plan’s broader review of energy sector investments that face significant climate risk.
Both plans hired an emerging markets equity manager in January.
The plan made a small-cap equity manager switch and is watching its hedge fund-of-fund managers.
A Mid-Atlantic plan disclosed $650 million in new commitments at its investment advisory committee meeting today.
A Midwestern city has reopened its search for a firm to manage its investment portfolio.
Her responsibilities have been assumed by other team members, a spokesperson said.
The plan made a hire in its shortlist search to replace an incumbent that closed in 2020.
The plan received an update today on its search and will conduct due diligence on four managers over the next two months.
The plan has now committed $50 million of its $90 million target as part of its 2021 pacing plan.