The investment will be with a newly formed local and minority-owned manager.
The new structure results in three manager terminations.
A Mid-Atlantic pension plan added a Standard & Poor’s 600 Index fund investment at last week’s board meeting.
A Southwestern pension plan made a change in domestic all-cap value equity managers for performance reasons.
A Great Lakes pension plan approved investments with two domestic large-cap value and three large-cap growth equity managers in recent weeks.
A pair of pension plans in the Southeast parted ways with a domestic all-cap value equity manager last month.
A Michigan pension plan will interview three domestic large-cap growth equity managers following a search report presented by its general investment consultant.
A Southern pension plan will interview finalists in a domestic all-cap value equity manager search later this month.
A pension fund in Kentucky has disclosed domestic and emerging markets equity hires and private equity commitments.
A Mid-Atlantic pension plan is slated to issue an RFP for private markets discretionary consulting services later this week.