The plan committed a total of $45.5 million last month.
The plan redeemed an absolute return investment and disclosed five private markets commitment.
The incumbent manager was first hired in 2006.
The plan hired a new domestic small- to mid-cap growth equity manager and will make potential changes to its long/short portfolio.
The plan’s global equity manager experienced recent underperformance.
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.