Equity
The plan is looking to hire at least one manager and may also build a pool of managers for future allocations.
A Mid-Atlantic plan disclosed six recent commitments at today’s board meeting.
The plan is seeking a firm to complement an existing long/short hedge fund manager.
The plan hired new domestic large-cap equity managers and retained two incumbents global bond managers.
The plan hired two international small-cap equity managers last month.
Hire joined the firm from HSBC, where he has worked for 27 years.
The firm will manage an international developed markets equity emerging manager-of-managers portfolio.
The plan is conducting the search after voting to consolidate three existing index portfolios into a Russell 3000 Index.
A system based in the West is expected to receive a staff recommendation to transition the management of its endowment to a single outsourced cio provider this week.
An institution in Canada recently committed to seed a reduced carbon global equity fund in alignment with the Paris Agreement.