The plan’s incumbent was rehired in 2016.
The plan made several private markets commitments at its board meeting today.
The plan has enlisted executive recruiting firm EFL Associates to assist with its search for a new cio.
The plan is considering specialty managers to handle $600 million for its evolving public markets portfolios.
The plan concluded its search for core fixed-income and TIPS managers.
The plan rehired its outsourced cio, which will target additional real estate and private equity investments this year.
The plan last conducted a consultant search in 2018 that resulted in rehiring its incumbent.
The new allocation range equates to $2.7 billion to $3.3 billion to private equity this year.
The plan approved a new $250 million mandate with a REIT manager and announced investment staff promotions.
The plan may hire one or more managers to handle its $1.6 billion domestic core fixed-income portfolio.