Searches And Hires
The plan replaced both its passive equity and fixed-income mandates with Vanguard Group as well as its sustainable equity mandate with Neuberger Berman in February.
The plan recently committed $245 million total to two private equity managers and one hedge fund manager.
The firm will be tasked with assisting on an upcoming record keeper search.
A 529 plan based in New England has selected program and investment managers after a search.
The plan currently has a delegated investment services relationship with Willis Towers Watson.
The village will review proposals related to investment services for its $70 million in cash deposited in an insured cash sweep account.
The firm will see the retirement of one of five portfolio managers on its U.S. small-cap growth equity team at the end of June.
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.