The cio will be retiring in the coming months after nearly 20 years with the plan.
The district is seeking a full-time non-discretionary investment advisor.
The state conducted a search in July for its various pension plans and endowments.
The retirement system will allocate $450 million with the new international equity manager.
The hire concluded a domestic small-cap value equity replacement search from earlier this year.
The plan last conducted a similar search in 2019 when it rehired its incumbent.
The plan hired a new bank loan manager due to personnel turnover at the incumbent firm.
The fund is looking to hire four global passive fixed-income managers.
The plan’s current executive director is set to retire later this year.
The former ceo resigned in 2023 after the board questioned his commitment to the retirement system.