The plan is conducting a comparative domestic large-cap growth equity manager search.
Plan terminated its active domestic large-cap growth equity manager due to declining firm and strategy assets.
The plan will review alternatives to its incumbent international large-cap equity fund, which was placed on watch in May.
The plan liquidated two of its active domestic large-cap growth equity mandates in an effort to consolidate the portfolio.
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 search for domestic large-cap core equity managers is required by state statute.
The plan made hires in its domestic large-cap core equity and direct lending manager searches.
The program will receive presentations from the finalists at an upcoming board meeting.
The plan concluded searches for an active international large-cap value equity manager and a passive domestic mid-cap equity manager in March.
The plan is seeking up to two domestic large-cap growth equity managers and a defined contribution consultant.