Daily Feed
The plan made a hire in its search for an investment manager last summer after its incumbent resigned.
The $200 million in total committed capital includes a new manager relationship.
Plan pushed finalist selection and interviews one month each to allow more time to review RFP submissions.
The previous deputy cio left to join a neighboring state plan.
The plan currently has $64 million invested in stable value within its participant-directed plans.
The plan recently hired four hedge fund managers as part of its transition to a direct investment model.
The plan narrowed its domestic small-cap value equity search to three finalists and concluded its diverse fund-of-funds search.
Plan selected a maiden private credit consultant following finalist interviews held this week.
The plan committed a total of $350 million across two commitments at today’s meeting.
The plan had made allocations to two funds managed by the firm in the fourth quarter of 2021.
