A foundation based in a Western state will lease its steam plant and utility system as part of a public-private partnership and invest a sizeable portion of the deal’s proceeds.
Move to a single passive equity manager would save more than $13,000 a year in fees.
A Midwest pension plan is considering moving its two active domestic large-cap core equity mandates to passive investing.
The Federal Thrift board has hired a second index provider for the first time.
A Michigan pension plan moved its emerging markets equity allocation to a passive investment at today’s board meeting.
A West Coast pension is conducting due diligence on a passive investment manager following a staff departure.
A Western fund will focus on building out its global equity allocation after increasing it alongside its private investment allocation last week.
A pension fund in the South has terminated a manager and will now go exclusively passive for domestic large-cap equity.
A Windy City pension plan will consider a passive equity RFP for minority- and women-owned investment manager moving forward.
An employees retirement system in Louisiana will discuss switching passive managers to lower fees at a future meeting.