Passive Fixed-Income

A Northeastern pension plan has canceled its outstanding investment manager searches due to a new consultant hire.

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.

A general employees plan has hired a liquid absolute return fixed-income manager to handle $60 million.

A West Coast 457 plan has begun its search for multiple investment managers to handle its $4.4 billion investment options menu.

A Florida pension plan has approved a new public market portfolio structure that will see the elimination of five existing active managers as part of changes aimed at reducing duplication and increasing liquidity and reduce fees.

A Windy City pension plan funded a new domestic small-cap core equity investment last quarter.