Domestic Equity
A Midwestern deferred compensation program terminated its domestic large-cap value equity manager at yesterday’s board meeting.
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.
The plan is conducting an “opportunistic search” for small-cap core managers to potentially handle up to $200 million.
The PM will contribute to the U.S. equity platform and the global small-cap equity strategy.
The plan approved transitioning management of its three passive domestic large-cap equity mandates at a board meeting today.
The search is due to the upcoming closure of its incumbent U.S. small-cap core equity manager.
The plan will invest in a newly formed local and minority-owned asset manager.
The plan swapped its incumbent passive domestic and international equity manager with another at a December meeting.