The plan hired one traditional emerging markets manager and four private markets managers.
The plan hired has now hired two international equity managers in as many months.
The plan’s latest commitment satisfies its pacing schedule for the year.
The plan is searching for a multi-sector fixed-income manager to handle $20 million.
The plan hired two firms for active and passive approaches to global equity following a search from earlier this year.
The plan is set to commit a total of $200 million to private credit next year.
The plan has created a new target to direct lending as part of a new asset allocation policy.
The plan hired two firms after finalist interviews at today’s board meeting.
The plan selected one firm after interviewing finalists at a special meeting earlier this month.
The plan is looking for a manager to implement a cash flow driven investing program.