Searches And Hires
The plan committed to three funds run by new manager relationships.
The plan agreed to assign its alternatives consultant contract to its current general investment consultant last week.
Plan re-upped with another commitment to an existing real estate manager.
The plan also named two semifinalists in its general investment consultant search.
Plan shifted its mandate with a diverse-owned international equity manager to its passive allocation in the asset class.
The plan will include its two incumbent international value equity managers in a search to review the asset class universe.
The searches will help fill out an asset allocation approved in 2021 that included new targets to the asset classes.
The searches were conducted because the contracts of the incumbents were expiring.
The plan hired two firms to fill a new allocation to the asset class.
The plan hired a new active domestic small- to mid-cap value equity manager after its incumbent closed shop.