International / Global / Emerging Markets

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 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.

Plan terminated a pair of public equity investments as part of an overall structure review of the portfolio.

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.