The plan selected a winner today following interviews with three finalists.
He will leave March 31, with two team members assuming his responsibilities.
A Southern state plan terminated global active equity manager Longview Partners following a global equity restructure review.
They will serve to expand the firm’s presence in their respective regions.
Plan funded a new international equity manager and added alternatives commitments in October.
Plan added five value-biased managers to its watchlist for performance reasons and removed an international equity firm based on improved performance.
Plan will conduct a search for small-cap managers in 2021 to provide a more comprehensive allocation to the space within its global equity portfolio.
A 529 plan based in the Midwest has adjusted its asset allocations.
A 529 plan based in the West will consider approving an RFP for a program manager and placing three investment strategies on watch at its board meeting today.
Action will see plan expand its emerging manager program target to $1 billion from $750 million.