Plan terminated active large-cap value and small-cap growth strategies with a single manager this week.
The plan hired a new small-cap core manager after finalist interviews.
The plan hired an international small-cap core equity manager at a meeting today to replace its incumbent firm.
The plan will dole out $660 million in total to small-cap and micro-cap equity managers.
The plan hired two international small-cap equity managers last month.
The plan made hires for its large-cap and small- to mid-cap searches.
The plan is issuing the RFP due to a change in strategy at the incumbent manager.
The plan will soon begin domestic small-cap value equity, investment grade fixed-income and TIPS manager searches.
The plan will conduct three equity manager searches to potentially replace existing mandates.
The plan selected an international small-cap equity manager to handle an allocation last week.