Searches And Hires
The plan will interview two global equity finalists later this month and has welcomed back a former staffer as its new deputy cio.
The university established new investment lineups with new and existing managers for its 457(b) and 403(b) plans following a review from its general investment consultant and a retirement advisory committee.
The federal agency is seeking information from potential banking and investment management service providers as part of market research.
The plan hired a new general investment consultant in the second quarter after conducting a search for the services last year due to the contract expiration of the incumbent provider, which submitted a proposal.
The system expects to receive a recommendation from its general investment consultant to reinvest funds at a future board meeting after approving the termination of a hedge fund manager last week.
The board also named a new retirement manager.
The retirement system is seeking a domestic mid-cap growth equity manager to handle a $12 million mandate.
The plan is conducting the search to comply with state procurement regulations.
The plan is seeking regional and country-specific international equity managers.
The plan is looking to increase its core exposure in light of rising interest rates.