Equity
The plan is searching for domestic small-cap value equity managers as its incumbent underperforms.
The plan terminates its developed markets equity manager due to organizational changes and underperformance.
The plan is seeking managers to handle an up to $500 million mandate.
The plan has selected a new emerging markets equity manager to replace its incumbent.
The plan hired maiden emerging markets small-cap equity managers after adding the asset class in 2019.
The plan will interview two international small-cap equity managers at its next board meeting.
The plan concluded searches for an active international large-cap value equity manager and a passive domestic mid-cap equity manager in March.
An Eastern state plan hired a domestic small- to mid-cap value equity manager last month.
An Eastern state plan received a domestic small- to mid-cap value equity manager recommendation last month and made several changes to its hedge fund portfolio in April.
A trust fund in the South will consider a new target asset allocation at its June 18 board meeting following a recommendation from its general investment consultant at a board meeting last week.