A West Coast pension plan will issue an RFP for U.S. bank loan managers next year for due diligence purposes.
Plan will interview two firms in a search to fill its 6% target allocation to bank loans next month.
A Texas-based pension plan heard a bank loan allocation as a first step in filling an allocation to the asset class.
A Midwestern pension plan has issued an RFP seeking senior secured loan investment managers.
A Chicago pension fund will have further discussions on its international small-cap equity portfolio at its September meeting. The plan also placed two managers on watch at its meeting yesterday.
A Florida pension plan is reviewing fixed-income portfolio changes as a result of an ongoing review.
A Midwestern pension plan terminated its bank loan manager last week.
A Western state trust fund approved new asset allocation targets and manager changes this month.
A Western trust is considering asset allocation changes across its investment portfolios.
A Southwestern plan terminated one of its bank loan managers this week.