Domestic Equity
A university based in the Midwest is considering changes to its asset allocation targets.
The plan made minor increases to equity at the expense of fixed-income at its meeting yesterday.
The search will fill a new target to domestic mid-cap value equity established following an asset/liability study.
The plan made the move following an investment team departure from the incumbent active manager.
Plan’s investment advisory committee agreed to endorse a private markets consultant recommendation that will require full board approval later this month.
The plan has been expected to issue an RFP for domestic small-cap growth equity managers.
A university in the South added hedge fund, private equity and public equity investments at its investment committee meeting last week.
A Rocky Mountain pension plan liquidated a hedge fund-of-funds investment and moved the assets to existing global equity managers at a board meeting last week.
Plan wrapped up its general investment consultant search following a pair of finalist presentations.
The plan begins a new search and wraps up an existing one.
