Fixed-Income
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.
The plan is looking to issue an RFP for a balanced ESG-focused investment option.
The terminated firm was replaced by two incumbent minority-owned managers at today’s meeting.
Former fixed-income director will join Credit Suisse at the end of the month.
A Virginia-based pension plan added commitments with new and existing managers in September and made several changes to its fund lineup over the past fiscal year.
The search is due to the contract expirations of its two incumbents that currently manage over $900 million.
The plan is searching for a firm to handle more than $1.6 billion due to the contract expiration of its incumbent manager.
A plan based in Chicago hired a diverse-owned fixed-income manager at the beginning of the month following a search.
A 529 plan in the Midwest has swapped several underlying real estate and fixed-income strategies to help reduce fees.
