The plan is searching for a firm to manage between $35 million and $40 million.
Plan added a $40 million commitment to an existing minority- and women-owned investment firm and made several changes to its watch list this week.
Plan will conduct a search for domestic large-cap value managers in light of organizational changes at an incumbent firm.
The plan hired a new domestic small-cap value equity manager at its board meeting on Friday following a shortlist search.
The new firm will manage an approximately $32 million portfolio previously run by Sawgrass Asset Management.
The plans are evaluating how to address the move of LSIA’s passive equity team to new firm Yousif Capital Management.
A Midwestern deferred compensation program terminated its domestic large-cap value equity manager at yesterday’s board meeting.
He will stay on as an advisor through September.
The board of governors and board of trustees of a university in the Northeast approved divesting its endowment from fossil fuel investments on March 9.
A foundation based in New England is creating a sustainable investment strategy before a top staff departs later this year.