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The plan will consider active core and core-plus fixed-income manager hires in May as a result of a new asset allocation that also eliminated its 2.5% risk parity target yesterday.
The production agriculture investment firm added a director formerly employed at a Southwest defined benefit plan.
The plan rehired its real estate consultant at a board meeting last week.
The plan will conduct on-site visits with five firms before presentations and selection slated for its March board meeting.
Firm has closed Ashbridge Transformational Secondaries Fund II at $2.5 billion of total capital commitments.
Alan Cline will join private equity manager Hg as head of North America to lead activity across the U.S. and Canada.
She will serve alongside existing Co-CIOs Bob Prince and Greg Jensen.
The plan will hear presentations from three consulting firms, including its incumbent, next month before making a selection.
The two firms announced today that they will combine their firms.
The search is due to the upcoming contract expiration of its incumbent.