The plan also recently concluded its non-U.S. equity manager searches.
The retirement system doubled its target to value-add real estate at a board meeting today.
The plan also terminated a high-yield fixed-income manager in the first quarter.
The plan hired within its organization for its next executive director.
The termination stems from personnel turnover at the firm.
The consultant will be responsible for a pension fund and an OPEB Trust.
The retirement system retained its incumbent after an RFP process last quarter.
The plan is seeking a firm to handle its $511.5 million domestic small-cap value equity option.
The new associate is part of the plan’s public equity team.
The RFP was approved at yesterday’s board meeting to increase the plan’s commitment to private core real estate and to non-core real estate.