The board approved an initial allocation of $1 billion to emerging managers across multi-asset classes.
The plan terminated two of its international equity managers last month.
The plan hired two emerging markets equity managers and approved three private markets fund commitments.
The plan hired two firms in the domestic small-cap equity space to replace a previously terminated manager.
The plan rehired one incumbent equity manager and moved another manager’s mandate to a passive portfolio.
A Midwestern state plan will consider eliminating its global equity allocation at a future meeting.
The plan terminated a domestic small-cap core equity manager and made a private equity commitment with an existing manager this week.
The plan approved an emerging markets equity manager search and new real estate pacing plan yesterday.
The plan hired a long/short equity manager as part of a new asset class structure.
A Midwestern pension plan concluded its private credit search at today’s board meeting.