Manager-of-Managers
The plan, which launched an investment advisor search earlier this year, extended services with its incumbent on a month-to-month basis.
The plan concluded two manager searches this week.
The plan will add three value managers to its international equity portfolio.
Plan’s new global credit manager will handle an approximately $700 million mandate.
The plan last conducted a search in 2015.
The plan’s emerging-manager-of-managers is replacing an international equity firm due to a personnel change.
The plan is looking to invest up to $30 million in either a single strategy manager or an emerging manager-of-managers.
The search will be open to single strategy managers and emerging managers-of-managers.
The fund is looking for emerging managers-of-managers to handle domestic small-cap and large-cap equity portfolios.
The plan has issued its RFP seeking a separate account manager to handle an approximately $750 million allocation.