Searches And Hires
The plan will hire an additional firm in August as part of its multi-asset credit search.
A 529 plan based in a Western state has added two international equity funds to one of its investment option portfolios.
An education system based in a Southern state has approved new investments to hedge fund, credit and real estate strategies.
A plan based in the Southwest has selected the incumbent firm following an investment consultant search.
A foundation based in the Mid-Atlantic region is seeking an investment advisor and manager for its assets.
The plan made a $10 million growth equity commitment at its May meeting.
The selected firm will serve for an initial one-year period beginning Jan. 1.
The plan represents the consulting firm’s first Mass.-based client.
The plan’s incumbents manage more than $1.2 billion.
The plan issued an RFP seeking a manager to handle $25 million after approving the search in April.