Searches And Hires
The plan made a selection following finalist presentations held at its February board meeting.
The district is seeking investment management services.
The plan completed a search to fill its maiden domestic mid-cap growth equity allocation this week.
The plan agreed to conduct two domestic equity manager searches to potentially replace existing mandates with the same firm.
The plan added a 3% target to global infrastructure as part of a new asset allocation that was adopted yesterday.
The plan agreed to reconsider asset allocation changes originally approved last month at a future meeting.
Plan added a 3% target to private credit as part of broader asset allocation changes approved today.
The plan will interview three government/credit bond managers next month.
The plan could not reach enough votes to approve rehiring its incumbent private equity consultant.
The institution is seeking investors with experience investing in smaller listed companies in the U.K. and Europe as it finds the opportunity set interesting.