Domestic Equity
The plan’s consultant will present alternatives to its incumbent domestic large-cap growth equity manager, which has seen underperformance.
The plan will interview three firms later this month in a search to replace incumbent LMCG Investments.
The plan will conduct a target-date fund manager search to potentially replace an existing mandate.
The plan issued two RFPs for managers to comply with procurement laws.
The plan hired Neuberger Berman at today’s board meeting following an RFP search.
The plan terminated two existing managers and added commitments totaling roughly $912 million in October.
Plan approved a search for a domestic small-cap value equity manager due to organizational changes at its incumbent firm.
Plan made a change in passive large-cap core equity providers last quarter.
The plan is nearing the conclusion of its domestic small-cap equity and fixed-income manager searches.