A Midwestern plan approved a new asset allocation policy at its investment committee/board meeting today that will help maintain its long-term expected returns.
A pension fund in the South made hires to replace a previously terminated U.S. small-cap equity manager and to complement its existing non-U.S. equity lineup.
Firm new head of global relationship management will focus on serving its strategic client relationships across all third-party retail and intermediary channels.
The plan hired a single firm to handle the equity portion of its portfolio, though a decision on how the fixed-income portion will be managed remains undecided.
A West Coast pension plan expects to pursue a private markets consultant search next year after increasing its private equity and private credit targets this week.