Domestic Equity
A university in New England approved two equity investments totaling $30 million at a meeting last week.
Plan is replacing a manager hired a little more than one year ago.
Plan is seeking a pool of domestic large-cap equity managers as part of an RFP issued this month.
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.