Searches And Hires
The plan’s hedge fund committee considered a $175 million commitment last week.
The plan committed to a new private equity manager relationship and trimmed its real estate portfolio.
The plan concluded its core real estate replacement search at a meeting last week.
The termination follows a completed asset/liability study.
The plan committed to three funds run by new manager relationships.
The plan agreed to assign its alternatives consultant contract to its current general investment consultant last week.
Plan re-upped with another commitment to an existing real estate manager.
The plan also named two semifinalists in its general investment consultant search.
Plan shifted its mandate with a diverse-owned international equity manager to its passive allocation in the asset class.
The plan will include its two incumbent international value equity managers in a search to review the asset class universe.