Large-Cap
The plan moved an additional $30 million to an active equity manager hired over the summer.
The plan will begin with a mid-cap growth equity manager search in January.
The plan is searching potential replacement for its current domestic large-cap growth equity manager.
The selected firm will manage a Russell 1000 Growth Index mandate at least initially.
The plan first hired the domestic large-cap growth equity manager in 2012.
The plan is seeking international developed markets large-cap value managers due to the upcoming contract expirations of its incumbents.
The plan moved its domestic large-cap value equity mandate with a newly established manager.
The plan terminated a $1.4 billion domestic large-cap value equity mandate and made commitments with four existing managers and one new manager in August.
The plan concluded its ESG-focused manager search in the second quarter.
Plan will look to increase a direct lending fund-of-one commitment to $500 million from $300 million this week.