International / Global / Emerging Markets
The plan will review an asset allocation study that may introduce two new sub-asset classes next month.
The search is to replace a manager terminated at last month’s board meeting.
A 529 plan in the South hired a replacement domestic small-cap value equity manager and removed a domestic equity manager from its watchlist at its second quarter board meeting.
The plan will interview finalists in its search for dynamic bond managers at a future meeting.
Plan added $50 million across two new venture capital commitments with a China-based fund manager.
The firm will manage a 5% allocation to emerging markets that will be funded from hedge fund-of-funds and managed futures.
Plan will discuss a draft RFP for developed markets equity managers at this week’s board meeting.
Plan made a change in emerging market debt managers in the second quarter.
Plan will seek real estate managers in the coming months and has scheduled emerging markets small-cap equity finalist interviews for August.
The two private equity commitments were made for pacing purposes.
