The plan’s incumbent handles both strategies and was first hired in 2014.
A Florida general employees retirement system will interview two credit managers to each handle potential $20 million commitments and will also bring in a diverse-owned fixed-income manager as part of its emerging manager program buildout.
They will continue to manage their existing strategies for Franklin Templeton.
The plan will soon begin domestic small-cap value equity, investment grade fixed-income and TIPS manager searches.
The search is due to unexpected departures at plan’s incumbent emerging market debt manager.
The plan will interview three firms at a specially called meeting next month.
A plan based on the West Coast added a bank loan strategy as part of the adoption of a new asset allocation last month.
Brown Advisory has appointed a fixed-income ESG analyst to expand its new global sustainable fixed-income team, the firm announced.
The changes include two new portfolio managers, two portfolio specialists and a new head of municipal bond research.
The plan will begin a private equity manager search with a focus on secondaries.