Passive Equity
A Florida plan terminated two of its equity managers and selected semifinalists in its large-cap growth search at today’s board meeting.
A Rocky Mountain pension plan added a private credit commitment and terminated an equity manager at a special board meeting in June.
A West Coast transportation plan will conduct multiple manager searches as a result of a new asset allocation.
A Rocky Mountain pension plan will not proceed with a recently approved high-yield investment.
The former board chairman of a Western-based university foundation has sued the institution alleging a breach of fiduciary duty.
A Northeastern pension plan has issued its RFP seeking domestic large-cap value equity managers.
A Michigan pension plan has narrowed a distressed debt search to a single finalist.
A West Coast pension plan hired a domestic small- to mid-cap equity manager as part of a new asset allocation approved at its board meeting today.
A Mid-Atlantic pension fund eliminated its active domestic large-cap equity exposure this week.
A Florida pension plan has approved a new public market portfolio structure that will see the elimination of five existing active managers as part of changes aimed at reducing duplication and increasing liquidity and reduce fees.
