An Eastern state plan received a domestic small- to mid-cap value equity manager recommendation last month and made several changes to its hedge fund portfolio in April.
The plan will immediately begin a search for an independent investment consultant.
The plan approved a new long-term asset allocation at its investment committee meeting last week.
Plans added three alternatives commitments totaling $27.5 million at this week’s meetings.
A university in New England revised the target asset allocation for its endowment as part of investment policy changes approved in April.
Plan approved up to $405 million in new alternatives commitments this week.
The pension plan approved a $5 million co-investment with an existing real estate manager at its board meeting yesterday.
The fund will split its consultant relationship into separate general consultant and real estate consultant relationships.
Plan will issue RFPs for private equity and private debt managers following approval this week.
A Rocky Mountain state fund approved a follow-on real estate commitment at its board meeting last week.