The plan liquidated two of its active domestic large-cap growth equity mandates in an effort to consolidate the portfolio.
Plan has begun a search for passive investment management providers.
A Midwestern plan approved an investment with an existing passive domestic equity manager and a distressed debt commitment this month.
The search is for active and passive international equity managers.
Plan will launch its RFPs for both private equity and private debt managers in the coming days.
The plan rehired its incumbent passive equity manager following a search review at today’s board meeting.
A fund based in a Western state added an alternative investment strategy to its portfolio at its board meeting this month.
A plan in the Midwest will seek board approval of scheduled transition and passive management RFPs next month.
The plan concluded searches for an active international large-cap value equity manager and a passive domestic mid-cap equity manager in March.
Plan terminated a pair of public equity investments as part of an overall structure review of the portfolio.
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