Plan is seeking its next cio to oversee its $41 billion portfolio.
The plan made two private debt hires for pacing purposes this week.
The selected managers will be part of a new investment option.
The three firms will vie for a $112.5 million mandate.
The selected manager will handle between $30 million and $50 million.
The plan is looking to invest up to $30 million with a secondary private equity fund manager.
The search is to potentially replace its incumbent emerging markets equity manager.
The plan hopes to begin the search in two months
The hire concludes a volatility risk premium manager search from last year.
The search is to replace its outgoing director, who plans to leave in June.