Mid-Cap
Mid-Atlantic Plan Seeking Active Equity Managers
The plan will seek active mid-cap equity managers to handle up to $2 billion.
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.
