The cio will depart the plan after more than 23 years with the organization.
The position will have a focus on private equity.
The retirement system will interview three firms for a $20 million mandate.
The plan hired a new firm to provide custodial and index management services.
The plan’s current consultant will see its contract expire this year.
The plan committed $30 million to a follow-up fund at a meeting yesterday.
The officer was responsible for short-term investments and public markets and left the plan after 11 years of service.
The plan will issue the RFP next week after last conducting an investment consultant search in 2016.
The retirement system will discuss a passive approach for its large-cap core mandate.
The board also named a new retirement manager.