Mid-Cap
The governing board of a Midwest university system replaced one fund for another in its retirement plans investment lineup.
The plan last conducted domestic mid-cap and small-cap equity searches in 2014.
The plan retained its domestic mid-cap value equity manager following an RFP search.
Plan is replacing a manager hired a little more than one year ago.
The plan is searching for a firm to manage between $35 million and $40 million.
A Midwestern deferred compensation program terminated its domestic large-cap value equity manager at yesterday’s board meeting.
A Southern pension plan consolidated its passive domestic equity portfolio at today’s board meeting.
The fund approved the addition of an active fixed-income manager to its lineup at a meeting yesterday.
The plan approved the hire of a domestic mid-cap growth equity manager at a meeting last week.
Plan is seeking a domestic small- or small- to mid-cap equity manager to fill a recent gap in its emerging manager program stemming from a graduation.
