The plan terminated its global manager due to asset declines and underperformance.
An institution in the Mid-Atlantic region approved a new target asset allocation for its investment portfolio and added three new managers at its meeting last month.
The plan approved a maiden 2.5% allocation to international small-cap at its April board meeting.
The plan terminates its developed markets equity manager due to organizational changes and underperformance.
The plan has selected a new emerging markets equity manager to replace its incumbent.
The plan hired maiden emerging markets small-cap equity managers after adding the asset class in 2019.
The plan made infrastructure, hedge fund and private equity commitments at its board of investments meeting last week.
The plan will interview two international small-cap equity managers at its next board meeting.
He is responsible for building and growing relationships with institutional investors in the EMEA region.
Plan terminated a pair of public equity investments as part of an overall structure review of the portfolio.