Passive Fixed-Income
The plan agreed to advance a general investment consultant RFP and retain its private equity advisor.
Plan has issued a passive index manager RFP due to state procurement regulations.
Plan hired two passive investment managers in a search completed last week.
Plan has begun a search for passive investment management providers.
Plan will launch its RFPs for both private equity and private debt managers in the coming days.
A plan in the Midwest will seek board approval of scheduled transition and passive management RFPs next month.
Plan made several investment decisions in the first quarter.
The plan terminated a pair of mandates with Bridgewater Associates at today’s board meeting.
New plan approved both interim and long-term asset allocation targets and hired two passive managers to assist with an impending transition of assets.
Plan will issue RFPs for private equity and private debt managers following approval this week.
