The plan committed to two private equity strategies and a maiden infrastructure investment.
The plan made commitments with two existing managers.
The plan expects to commit to buyouts and special situations funds for the next three years.
The plan conducted similar searches in 2019 and 2013.
The trust split its domestic large-cap value equity allocation with an additional manager hire last quarter.
The county is looking to hire one or more fixed-income managers to handle $600 million.
The plan will issue an RFP seeking managers to enhance returns within its fixed-income portfolio.
The commitments include a first-time investment for the plan.
The asset class represents a new one for the plan, which is targeting managers to handle between $3 million and $5 million.