Daily Feed
Plan replaced its domestic small-cap value equity manager from a group of three candidates this week.
The plan opted to temporarily move to an index fund while a domestic equity structure study is conducted after the firm’s existing manager recently announced significant organizational changes.
Plan is seeking a domestic small- or small- to mid-cap equity manager to fill a recent gap in its emerging manager program stemming from a graduation.
The new hire is responsible for sales, marketing, consultant relations and client service for the firm’s products in the U.S. and Canada.
The plan hired a venture capital manager at its board meeting yesterday.
The searches are for non-core managers to handle up to $140 million and private debt managers to handle up to $60 million
The plan will seek a third manager to complement its two incumbent emerging markets equity managers.
The strategy will invest in four different fixed-income assets.
The plan has issued an RFP for administrative and record keeping services.
The new hire previously worked for Brightwood until 2015.