Plan committed to direct lending, infrastructure and real estate strategies with existing managers yesterday.
Plan invested with two international equity managers and a direct lending manager yesterday.
The plan hired a new international equity manager at its board meeting last week.
Plan expects to receive a recommendation in October.
The plan had issued an RFP for single strategy and emerging managers-of-managers to complement or replace the incumbent in January.
Plan will interview three global credit managers in a search for a firm to handle a proposed $680 million mandate.
Plan reallocated its $2.7 million international small- to mid-cap growth equity investment to an existing MSCI ACWI ex-U.S. Index fund.
Axiom will manage a $100 million emerging markets equity portfolio for the plan.
Selected international large-cap growth equity manager will handle between $1 billion and $2 billion and the U.S. REIT manager will manage between $100 million and $200 million.
Global value hire will replace the plan’s existing passive global core equity mandate with Northern Trust Asset Management.