Equity
A Rocky Mountain-based pension plan added a maiden target to infrastructure and eliminated its target to MLPs as part of a new strategic asset allocation policy.
The $24 billion firm specializes in long-only equity strategies.
A Northwestern deferred compensation plan hired a new domestic small-cap value equity manager to replace a terminated firm at a board meeting yesterday.
A Southeastern pension plan will review potential replacements for its emerging markets equity manager at a future board meeting.
A Western state fund is considering the addition of a new asset class target for its endowment.
A foundation based in a Western state will lease its steam plant and utility system as part of a public-private partnership and invest a sizeable portion of the deal’s proceeds.
A university in the South added international equity mandates within two of its investment portfolios in the second quarter.
A New England pension plan approved hiring a new international equity manager to replace a recently terminated mandate.
The plan’s general investment consultant is searching for managers to potentially replace underperforming managers.