The executive director is resigning for personal reasons after five years in the position.
The plan swapped domestic small-cap core equity managers last month following a search by its investment consultant last year.
The plan is seeking a firm to handle a $15 million mandate and provide uncorrelated returns to both equity and fixed-income markets.
The plan fully redeemed a market-neutral investment and will consider an international small-cap value equity manager hire.
The firm is being monitored due to performance and recent personnel turnover.
The trust hired a new general investment consultant at its board meeting yesterday.
The plan is considering rehiring its general investment consultant and selecting a new consultant for its real estate and real assets portfolios.
The plan is set to review its real estate and global equity portfolios.
The plan committed to a fund jointly managed by its outsourced cio.