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The plan will recommend the hire of a new pension investment consultant at a meeting this week.
Pacing plan is set for private equity, real assets, real estate and direct lending for 2023.
A college savings plan based in a Southern state has hired an equity manager within its portfolio.
The plan hired two firms following the issuance of an RFP in 2019 due to the contract expiration of its incumbent provider.
The plan hired its current consultant in 2017 following a search for services.
The plan terminated an EAFE value equity manager that had been placed on watch in June for underperformance.
The new team will invest in both early and growth stage healthcare companies.
The plan is seeking a successor for its deputy cio for public markets, who was named cio last month after serving in the role in an interim capacity since July.
The plan has begun its searches for general investment and public markets consulting services.
The transaction increases Franklin Templeton’s alternative assets under management to $260 billion in aggregate.