Daily Feed
Plan funded a new international equity manager and added alternatives commitments in October.
Pension fund increases its illiquid growth portfolio to 41% from 32%.
A Texas fire pension fund made a hire in its bank loan manager search at today’s board meeting.
Plan added five value-biased managers to its watchlist for performance reasons and removed an international equity firm based on improved performance.
The trust is seeking an inaugural investment advisor after widening allowable investments.
A Mid-Atlantic pension plan is seeking a search firm to help choose a new executive director.
The manager will look to identify emerging hedge fund firms.
Public pensions are finding ways to compensate for decreased government contributions.
A Mid-Atlantic plan disclosed $500 million in recent private markets commitments at this week’s board meeting.
Plan will conduct a search for small-cap managers in 2021 to provide a more comprehensive allocation to the space within its global equity portfolio.