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Plan shifted its mandate with a diverse-owned international equity manager to its passive allocation in the asset class.
Firm’s new director of private debt joined this month from another consulting firm.
The plan will include its two incumbent international value equity managers in a search to review the asset class universe.
The searches will help fill out an asset allocation approved in 2021 that included new targets to the asset classes.
The searches were conducted because the contracts of the incumbents were expiring.
The plan hired two firms to fill a new allocation to the asset class.
The plans worked with their incumbent since 2009.
The plan hired a new active domestic small- to mid-cap value equity manager after its incumbent closed shop.
New investment officer will help oversee various investment programs, including investment pools, individually managed funds, donor recommended impact investments, following a search from last year.