The plan will put three mandates out for bid next year.
The firm has underperformed its benchmark for the quarter as well as the one- and three-year time periods.
The plan interviewed five total private equity firms last quarter.
The firm underperformed in all time periods since inception.
The plan conducted a search to replace an emerging markets equity mandate.
Three firms submitted proposals to the plan’s equity index RFP.
The plan will put more than $14 billion out for bid.
The pension system hired a new manager after closed session deliberations at a meeting this week.
The pension plan also made a follow-on infrastructure commitment.
The pension plan approved an infrastructure implementation plan at this week’s board meeting.