The university will consider investing in an international equity strategy that excludes fossil fuel companies and receive an education on private equity centered on the potential establishment of a maiden 10% target to the asset class.
The plan has replaced emerging markets equity manager Newton Investment Management, which it had been monitoring.
The plan will conduct an active domestic mid-cap value equity manager search as part of the second phase of its equity structure review.
Mid-Atlantic Plan Seeking Active Equity Managers
The plan is searching for active all-cap growth managers and passive equity managers.
The plan hired a global tactical asset allocation manager at its May meeting.
The plan rehired its original selection after reissuing an emerging markets equity RFP.
Plan added a $40 million commitment to an existing minority- and women-owned investment firm and made several changes to its watch list this week.
The plan will invest in a newly formed local and minority-owned asset manager.
A 529 plan based in the Midwest has added a socially responsible domestic all-cap equity fund as an investment option.