The plan will look to invest in new funds offered by its incumbent managers.
The plan’s new international equity structure results in two manager hires.
A plan in the Southwest is divesting assets from a food-related company.
The plan moved its four index funds with Vanguard Group to index funds with Fidelity Investments.
The plan terminated its sole reinsurance manager in May.
A Northwestern 457 deferred compensation plan terminated three investment managers to simplify its investment menu.
The plan approved a hire in its ESG manager search in May.
The plan agreed to advance RFPs for an illiquid credit emerging manager program and passive fixed-income manager.
A fund based in the Great Plains region approved replacing two emerging markets equity managers and an international small-cap equity manager at its August board meeting.
The plan will seek active mid-cap equity managers to handle up to $2 billion.