Fixed-Income

The plan concluded its search for core fixed-income and TIPS managers.

The plan will receive finalist presentations from three liquid multi-sector credit managers and three semi-liquid multi-sector credit managers over the next two months.

The transaction was completed on Jan. 28.

The plan may hire one or more managers to handle its $1.6 billion domestic core fixed-income portfolio.

The plan hired Aksia following a discretionary private credit advisor RFI and amended its annual pacing plan with discretionary private equity advisor Hamilton Lane.

The plan will search for an active domestic mid-cap equity to handle approximately $10 million.