Mid-Cap
The plan will conduct on-site visits with five firms before presentations and selection slated for its March board meeting.
The plan concluded its domestic small- to mid-cap equity manager search and made private markets commitments last week.
The plan has launched its search seeking domestic mid-cap growth equity managers ahead of its incumbent’s contract expiration.
The plan is conducting the searches to comply with state procurement law.
The plan will begin with a mid-cap growth equity manager search in January.
Plan’s new domestic mid-cap value equity manager will handle a 2.5% allocation.
Plan placed its domestic mid-cap growth equity manager on watch due to an impending portfolio manager retirement.
The plan hired a new domestic small- to mid-cap growth equity manager and will make potential changes to its long/short portfolio.
The plan made a decision in its domestic small- to mid-cap growth equity search at today’s board meeting.
Plan intends to complete domestic mid-cap value and growth equity searches by the first quarter.