Passive Equity
The plan terminated two small-cap equity managers as part of a newly approved domestic equity portfolio structure.
The plan made buyout commitments to two existing managers last month.
Plan is looking to fill a new $700 million allocation to global credit and conduct due diligence on its passive investment managers.
The plan will conduct a target-date fund manager search to potentially replace an existing mandate.
A Southern state plan will conduct a manager search as part of a newly approved global equity structure.
The plan is searching for a firm to handle more than $1.6 billion due to the contract expiration of its incumbent manager.
The plan issued two RFPs for managers to comply with procurement laws.
The plan rehired its index provider to manage five mandates.
Plan made a change in passive large-cap core equity providers last quarter.
Plan approved a new asset allocation as continues work toward separating its assets from the state’s division of investment.
