International / Global / Emerging Markets
The two private equity commitments were made for pacing purposes.
The plan will issue an RFP for a general investment consultant.
The search is for active and passive international equity managers.
He will help drive the firm’s Asia Pacific and global growth strategy.
The plan concluded an international large-cap growth equity manager search and approved a fiscal year 2022 real estate pacing plan.
The search is due to two upcoming contract expirations.
The plan nears conclusion in its emerging markets equity search and finalizes its bank loan hunt.
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.
