Small-Cap
The plan is conducting the searches to comply with state procurement law.
The plan’s incumbent manager will be interviewed along with three other finalists.
The trust’s incumbent U.S. small-cap growth equity manager ceased operations.
The plan approved a consultant recommendation to replace its existing U.S. small-cap equity option.
The plan will interview two U.S. small-cap value equity managers this week and also recently added an international equity manager.
The fund added the domestic small-cap equity manager to its watchlist this summer due to underperformance and will review the firm next year.
The plan hired two managers to fill its maiden domestic small-cap equity target and committed to a new timber manager in August.
The plan also disclosed private equity, real estate and strategic investments from the third quarter.
The plan will begin with a mid-cap growth equity manager search in January.
The plan will also interview three diverse-focused private equity managers next month.