Domestic Equity
The plan made a hire in its search for domestic mid-cap value equity managers.
The plan made hires in its domestic large-cap core equity and direct lending manager searches.
Plan selected a domestic small- to mid-cap equity emerging manager this week.
A Midwestern plan approved an investment with an existing passive domestic equity manager and a distressed debt commitment this month.
Plan has launched an international small-cap equity manager search and concluded its U.S. small-cap core equity manager search with a hire at today’s board meeting.
Allocators and managers that have been patiently waiting for a resurgence to their value equity portfolios are finally seeing the payoff as more cyclical areas of the market have rebounded during the rollout of COVID-19 vaccines and continual low interest rates.
The plan terminated the firm after placing it on watch for underperformance last year.
The search is for a manager to manage a domestic equity portfolio that is not restricted by market capitalization.
A university based in New England has added two commitments to its portfolios.
Plan made a hire following finalist interviews at this week’s board meeting.