Mid-Cap
The plan made a hire in its search for domestic mid-cap value equity managers.
Plan selected a domestic small- to mid-cap equity emerging manager this week.
Plan directed its general investment consultant to return with a search on “best ideas” real assets strategies.
The program will receive presentations from the finalists at an upcoming board meeting.
The plan concluded searches for an active international large-cap value equity manager and a passive domestic mid-cap equity manager in March.
A university based in the Midwest increased its target allocation to domestic small-to-mid-cap equities in late April.
The recommendation was part of a domestic equity portfolio structure review presented at a board meeting yesterday.
A Texas-based pension plan made an emerging markets equity manager hire at this week’s investment committee meeting.
The plan has issued its RFP seeking domestic mid-cap growth equity managers to handle roughly $30 million.
Plan will conduct further due diligence on three firms in its domestic small-cap and small- to mid-cap equity emerging manager space.
