Domestic Equity
The search is opened to commingled funds, mutual funds or limited partnerships.
The plan will not look to renew contracts with two incumbent large-cap growth equity managers.
The plan also hired a new domestic large-cap value equity manager in the first quarter.
The hire follows a search conducted due to the contract expiration of the plan’s incumbent.
The plan added the firm to complement its existing domestic small- to mid-cap core equity manager.
A total of 23 firms submitted proposals to the retirement system’s domestic large-cap core equity manager search.
The retirement system terminated its incumbent domestic small-cap core equity manager earlier this year.
The pension fund made the decision following a search presentation from its general investment consultant in April.
An investment management company housed at a university in a Southern state has hired a new managing director to spearhead its public equity portfolio.
The plan is seeking small-cap, small- to mid-cap and large-cap managers in a search open to core, growth and value styles.