The retirement system’s current manager was first hired in 2022 following a similar RFP process.
The plan also made a private credit commitment at today’s board meeting.
The agency will be responsible for managing portfolios totaling more than $2.7 billion.
The advisor will assist with reviewing, developing and monitoring investment options.
The plan also terminated two underperforming domestic equity managers.
The retirement system is conducting the search for pacing purposes.
The county last conducted a similar search in 2022.
The retirement system also disclosed several private markets commitments.
The plan named its next executive director from within its executive staff.
The plan will interview five firms in its middle market buyout search.