The plan will begin with a mid-cap growth equity manager search in January.
The strategy will be new for the trust fund, which is looking to fill a $3.4 million mandate.
Contracts of the plan’s incumbent managers are expiring.
The plan disclosed several new commitments and is nearing a decision on a new asset allocation.
The current consultant’s contract has expired.
The trust is seeking an investment manager and a money market provider.
The selected manager will handle approximately $373 million.
Pacing plan is set for private equity, real assets, real estate and direct lending for 2023.
The plan hired two firms following the issuance of an RFP in 2019 due to the contract expiration of its incumbent provider.
The plan has begun its searches for general investment and public markets consulting services.