Passive Equity
The plan will be seeking a provider to manage five index mandates.
The plan hired three firms in its international equity search.
The plan concluded a consultant search initiated last year and gave $1 billion to a manager.
Plan hired two passive investment managers in a search completed last week.
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.