An Eastern state plan received a domestic small- to mid-cap value equity manager recommendation last month and made several changes to its hedge fund portfolio in April.
A trust fund in the South will consider a new target asset allocation at its June 18 board meeting following a recommendation from its general investment consultant at a board meeting last week.
A fund in the West disclosed it is committing to alternative credit, China A-Shares, venture capital fund-of-funds, venture capital and opportunistic fund managers at its board meeting this week.