The plan is looking to consolidate its services to one single provider.
David Fann is departing the firm at the end of the month and has accepted a new position.
The search follows the plan rescinding a January commitment to a blockchain-focused fund.
The terminations stem from a completed domestic equity restructuring.
The plan will commit up to $3.4 billion to the two asset classes.
The plan will issue RFPs following adoption of a new asset allocation in June.
The plan’s incumbent provider was first hired in 2009.
Three firms will vie for the plan’s new high-yield fixed-income mandate.
The plan will add three value managers to its international equity portfolio.
The search is for North American value-add and opportunistic real estate funds.