The plan hired an international small-cap core equity manager at a meeting today to replace its incumbent firm.
A Virginia-based pension plan hired a hedge fund-of-funds manager to replace a previously terminated mandate.
The plan is looking to hire at least one manager and may also build a pool of managers for future allocations.
The plan has begun its search seeking global fixed-income managers.
A Mid-Atlantic plan disclosed six recent commitments at today’s board meeting.
The plan hired new domestic large-cap equity managers and retained two incumbents global bond managers.
The plan hired two international small-cap equity managers last month.
The plan is seeking emerging markets equity managers for an anticipated mandate size between $400 million and $750 million.
The plans replaced its emerging market debt firm due to the departure of its portfolio management team.
The firm will manage an international developed markets equity emerging manager-of-managers portfolio.