The plan is looking to invest $8 million in the asset class for the first time.
Axiom will manage a $100 million emerging markets equity portfolio for the plan.
The plan last conducted a similar search in 2017.
The plan is looking for flexible and tactical strategies.
Plan added three value-add commitments with existing manager relationships.
Maiden Russell 1000 Value Index Manager will handle $20 million on behalf of the plan.
The search follows approval of a new asset allocation that includes a maiden 5% target to private debt.
The plan concluded a global equity search conducted in the fourth quarter.
Plan is targeting direct lending strategies and will award up to $600 million per mandate.
The previous executive director has retired after serving more than 18 years