Large-Cap
The plan agreed to conduct two domestic equity manager searches to potentially replace existing mandates with the same firm.
The plan approved the search at a board meeting last month.
A university based in New England approved new allocation targets for two of its portfolios.
The plan made a change in domestic core bond managers due to underperformance from its incumbent.
The new manager will be partially funded by reducing the portfolio of the plan’s incumbent large-cap core manager.
The plan’s incumbent manager is currently on watch for performance reasons.
The plan will interview three firms in its search for large-cap growth and value managers in April.
The plan hired a replacement for its incumbent domestic large-cap growth equity manager last month.
The plan hired an international growth equity manager and committed to two existing private equity managers last month.
Plan will replace a recently terminated core real estate manager.