The plan hired a short-term bond manager and retained its general investment consultant.
The pacing plans will target a combined $625 million to the two asset classes.
The plan has launched its search seeking domestic mid-cap growth equity managers ahead of its incumbent’s contract expiration.
The plan retained its high-yield bond manager from a field of 28 candidates.
The position will be responsible for global risk management.
The plan concludes a search that began in February.
The search is due to the upcoming contract expiration of the plan’s incumbent.
The incumbent outsourced cio was first hired in 2017.
The plan began a search last year to succeed its retiring executive director.
The search will target multiple managers to each handle a maximum of $600 million.