The plan is searching for two emerging market debt managers and one high-yield fixed-income manager.
The contract of the plan’s incumbent high-yield fixed-income manager will expire this year.
The search follows the resignation of the executive director earlier this week.
A total of up to $1.5 billion is expected to be awarded in the search.
The contract of incumbent consultant is expiring.
The plan rehired its incumbent after interviewing four total firms today.
The firm is currently reworking its Japanese stocks within its international small-cap strategy.
The pacing plan calls for a total of $58 million to private debt and private equity over the next two years.
The plan will look to hire maiden ACWI-ex U.S. large-cap core and small-cap equity managers.