The plan is looking to increase its core exposure in light of rising interest rates.
The plan eliminated one firm from consideration after finalist interviews today.
The consulting firm will work alongside the plan’s inaugural cio.
The plan is monitoring the firm due to senior fixed-income leadership transition.
The plan concluded its private equity manager search conducted for pacing purposes.
The retirement system will also announce a new executive director next week.
The $300 million in total commitments went to existing managers.
The incumbent consultant was awarded a new eight-year contract.
The plan disclosed commitments totaling $300 million at a meeting last month.
The trust last conducted a similar search in 2020.