The plan added two core-plus fixed-income managers to the portfolio and made 11 alternatives commitments in the first quarter.
The searches will help fill out an asset allocation approved in 2021 that included new targets to the asset classes.
The searches were conducted because the contracts of the incumbents were expiring.
An anonymous mid-Atlantic Taft-Hartley plan is searching for a core fixed-income manager to handle $20 million.
The plan recently terminated its risk premia manager due to investment process and performance concerns.
James Pruskowski was previously head of institutional and wealth management for municipal bonds at BlackRock.
Marisa Grant has been named cio of fixed-income manager Pugh Capital Management, the firm announced.
The plan added a second value manager at its board meeting last week.
The plan moved to an ACWI ex-U.S. manager from an EAFE manager at its board meeting this month.
Two-thirds of defined contribution plan sponsors are likely to conduct a fee study in 2023, according to a new survey from investment consulting firm Callan.