Passive Equity

Credit/Private Debt
Southeast Pension Eyeing Private Credit Commitment Change

One of two private credit commitments approved earlier this year has failed in negotiations.

Credit/Private Debt
Midwest Retirement System Slates Credit Search; Axes Three Mgrs.

The retirement system agreed to launch an evergreen private debt manager search and terminate three managers as part of a new asset allocation policy.

Passive Equity
Northeast Pension Shifts Int’l Equity Mandate To Passive

The plan decided to move one of its active international equity managers to passive management following performance concerns.

Domestic Equity
Colo. City DC Hires Mid-Cap Growth, Sustainable Equity Mgrs.

The plans recently replaced a domestic mid-cap growth equity manager due to underperformance and hired a sustainable equity manager.

International / Global / Emerging Markets
Midwest 529 Plan Selects New Manager For Int’l Equity Portfolio

The college savings plan has selected a new manager to handle its international equity portfolio after unsuccessfully appointing a firm in the second quarter.

New England Plan Watching Bond Manager; Terminates Value Equity Investments

The plan elevated its core-plus bond manager to watch status.

International / Global / Emerging Markets
West Coast Pension Restructures Non-U.S. Equity Portfolio

The restructuring resulted in the termination of two active managers.

People Moves
Mid-Atlantic Pension Hires U.S. Equity Head

The plan’s new U.S. equity head joins from an investment consultant.

Passive Equity
Southern Pension Makes Custody, Passive Management Switch

The plan hired a new firm to provide custodial and index management services.

Passive Equity
Rocky Mountain 457 Plan Replaces Index Fund Managers

The plan replaced both its passive equity and fixed-income mandates with Vanguard Group as well as its sustainable equity mandate with Neuberger Berman in May.