Alternatives
The plan’s general investment consultant is searching for managers to potentially replace underperforming managers.
A state pension fund in the Mid-Atlantic region will begin a consultant search in anticipation of the impending contract expiration of its incumbent.
A pension fund in the Midwest has terminated its hedge fund-of-funds manager due to several years of underperformance.
Plan will interview two firms in a search to fill its 6% target allocation to bank loans next month.
Plan added three private equity commitments totaling up to $135 million last month.
A Virginia-based pension plan approved one hedge fund commitment and the termination of a second at this week’s board meeting.
A California pension plan approved the hire of a new international equity manager at a board meeting today to replace a terminated firm.
A Midwestern pension plan is scheduled to approve venture capital commitments at tomorrow’s board meeting.
A pension fund in the South Central region will conduct a general investment consultant search due to the upcoming contract expiration of its incumbent.
A religious order based in the Mid-Atlantic region made new alternative commitments last month after increasing target allocations earlier this year.