Searches And Hires
The fund had previously received a recommendation from its investment consultant to seek a domestic small-cap value manager.
The selected manager will handle more than 80% of total assets.
The retirement plan concluded its U.S. small-cap value equity manager search after interviewing two finalists.
The retirement system will also consider several changes to its public equity and real estate portfolios this week.
The search is for an open-ended farmland manager to handle up to $22 million.
The development finance institution is looking to replace its existing investment risk platform with a modern, integrated solution.
The commission has roughly $171 million in various investment funds.
A university based in the Midwest extended the contract of its incumbent general investment consultant during a recent board meeting.
Funding for the new investment comes from the partial redemption of another hedge fund manager.
The $50 million investment concludes a search for an additional long/short strategy initiated late last year.