A Mid-Atlantic plan tweaked its asset allocation and disclosed roughly $347 million in recent commitments at today’s board meeting.
The plan concluded searches for an active international large-cap value equity manager and a passive domestic mid-cap equity manager in March.
The deputy ceo will join the plan next month.
An Eastern state plan hired a domestic small- to mid-cap value equity manager last month.
An Eastern state plan received a domestic small- to mid-cap value equity manager recommendation last month and made several changes to its hedge fund portfolio in April.
The agency retained two of its existing investment managers at yesterday’s board meeting.
The plan approved a commitment to an existing private equity manager at today’s board meeting.
The plan will conduct an international small-cap equity manager search as part of a new asset allocation.
The hires conclude the plan’s search for two new investment team members.
A Midwestern plan hired a currency overlay manager and added commitments totaling $508 million this month.