Plan is seeking private lending managers to handle $60 million.
Plan’s investment committee named a winner after interviewing two finalists.
Plan rehired incumbent firm originally hired in 2017.
The new hire will oversee both administration and investment for the plan.
The search is for a manager to handle six index funds.
The search is due to the expiring contracts of two incumbents managing a total of $440 million.
The plan committed $15 million each to new funds from existing managers.
The search is open to core, core-plus and high-yield bond managers.
The searches are issued due to standard state procurement laws.
The plan does not currently have a dedicated manager for emerging markets equity.