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Plan is seeking an investment advisor to oversee its approximately $80 million portfolio.
Plan’s investment committee will recommend terminations of an emerging market debt and an emerging markets equity manager at next week’s board meeting.
The plan will also eliminate its long/short equity portfolio.
The plan made a farmland commitment after starting a search last year.
The plan is considering adding international value managers to complement its growth exposure.
Plan placed its domestic mid-cap growth equity manager on watch due to an impending portfolio manager retirement.
The firm has established two new executive roles in the investments and retirement business.
The plan launched a search for investment consulting services late last year.
The plan committed $130 million total to four existing managers and one new manager in June.
Firm will oversee $566 million in cash and investments.