International / Global / Emerging Markets
The international value manager has underperformed its benchmark, prompting discussions of a replacement search for two Florida city plans.
A pension board affiliated with a major church is recommending the denomination add several energy companies to its divestment/proscription list due to involvement in environmental issues.
The searches will go live on May 2.
The plan replaced the cash overlay provider for its Commingled Trust Fund and approved two private equity commitments yesterday.
Plan staff and general investment consultant Verus will conduct on-site due diligence of the four firms.
The plan disclosed new private equity, credit, portable alpha and real estate commitments at a meeting today.
The plan disclosed four private equity commitments to new and existing managers today.
Credit and venture capital commitments were made with three existing managers yesterday.
Plan added infrastructure and private equity buyout commitments at today’s meeting.
Plan hired a new emerging market debt manager to handle a $10 million allocation today.
