The plan is looking to invest up to $70 million total to passive equity managers.
Draft RFPs will be reviewed next month for scheduled publication in January.
The plan is conducting the search due to the upcoming contract expiration of its current consultant.
The plan made a commitment after interviewing two private credit managers last week.
The plan’s contract with its current consultant will expire in April.
The plan concluded its ESG-focused manager search in the second quarter.
The plan will receive a list of active duration fixed-income managers next month.
The plan has now committed to four funds with the manager.
The plan is seeking firms that offer core and specialized private equity consulting services.
The plan made two maiden private equity commitments after receiving educations on the asset class in April.