Signal explorer
10 matching signals · showing 1–10
Replaced by MFS on the $870M international equity portfolio.
Hired MFS for the $870M international equity portfolio, replacing Baillie Gifford.
$150M commitment to JP Morgan core infrastructure mandate.
$150M commitment to EQT core infrastructure mandate.
$150M commitment to Brookfield core infrastructure mandate.
$150M commitment to Blackstone core infrastructure mandate.
The Board approved that the defined-contribution investment offerings for the new Tier 5 retirement plan mirror the current Mississippi Deferred Compensation Plan lineup, as recommended by staff.
The Board added T. Rowe Price International Growth Trust to the Mississippi Deferred Compensation (DC) Watchlist because its rolling five-year relative performance lagged the benchmark. Recommended by the Defined Contribution Committee (chair Rutledge); DC consultant Callan.
The Board approved initiating a search to replace Baillie Gifford ACWI ex-US All Cap after its rolling three-year relative performance lagged the benchmark peer group, and separately approved search criteria for an ACWI ex-US Growth Equity manager to replace Baillie Gifford for a $750 million allocation, benchmarked to the MSCI ACWI ex-US IMI and the Callan Non-US Equity peer group. Consultant Callan.
On the Investment Committee's recommendation (chair McCoy), the Board approved a $75 million commitment to TA Realty Fund XIV (value-add real estate). PERS is a returning investor to TA Realty value-add funds; participating in the initial closing period ending in October qualifies it for multiple fee-reduction incentives. CIO Charles Nielsen; general investment consultant Callan. (Minutes spell the manager 'TA Reality'.)