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.
The professional began in his new position last month.
The firm had been on watch for underperformance since the summer.
The plan’s incumbent manager will see its contract expire this year.
The plan hired three firms, including a first-time manager.
The plan’s incumbent manager was recently placed on watch for underperformance.
The plan hired a new record keeper this week.
The commitment marks the plan’s second with the firm.
The plan conducted a similar search in 2021 that did result in any hires.