Extensive and timely coverage of the institutional industry.
The plan has not conducted a search since it hired its incumbent consultant 20 years ago.
The plan is looking for flexible and tactical strategies.
Vestwell will help finalize the program’s design.
Plan added three value-add commitments with existing manager relationships.
The plan disclosed several new private commitments in addition to two absolute return manager redemptions at its meeting Friday.
The new principal was previously head of institutional for the U.K. and Ireland at GAM.
Maiden Russell 1000 Value Index Manager will handle $20 million on behalf of the plan.
Selected international large-cap growth equity manager will handle between $1 billion and $2 billion and the U.S. REIT manager will manage between $100 million and $200 million.
She will oversee the execution and implementation of the firm’s operational strategy.
He will help develop and maintain private equity sponsor relationships.