The plan terminated the firm after placing it on watch for underperformance last year.
The search is for a manager to manage a domestic equity portfolio that is not restricted by market capitalization.
A university based in New England has added two commitments to its portfolios.
Plan made a hire following finalist interviews at this week’s board meeting.
He will help manage $6.5 billion in domestic and international equity funds and separate client accounts.
Plan directed its general investment consultant to return with a search on “best ideas” real assets strategies.
An institution in the Mid-Atlantic region approved a new target asset allocation for its investment portfolio and added three new managers at its meeting last month.
A Virginia-based pension plan approved new long-term asset allocation targets as well as an emerging markets growth equity investment today.
Two Southeastern pension plans approved domestic small-cap equity manager changes at today’s board meeting.
A Midwestern pension plan will launch private debt and defensive equity searches as part of a recently approved asset allocation.