International / Global / Emerging Markets
The plan has narrowed its emerging markets equity search to four firms and private equity search to five funds.
The plan will review an asset allocation study that may introduce two new sub-asset classes next month.
The search is to replace a manager terminated at last month’s board meeting.
A 529 plan in the South hired a replacement domestic small-cap value equity manager and removed a domestic equity manager from its watchlist at its second quarter board meeting.
The plan will interview finalists in its search for dynamic bond managers at a future meeting.
Plan added $50 million across two new venture capital commitments with a China-based fund manager.
The firm will manage a 5% allocation to emerging markets that will be funded from hedge fund-of-funds and managed futures.
Plan will discuss a draft RFP for developed markets equity managers at this week’s board meeting.
Plan made a change in emerging market debt managers in the second quarter.
Plan will seek real estate managers in the coming months and has scheduled emerging markets small-cap equity finalist interviews for August.
