The previous director of research will become a full-time consultant.
The plan is seeking an investment analyst for its $5.5 billion diversifying strategies portfolio.
The retirement fund made two commitments last month as part of its annual pacing plan.
The public utility fund approved a venture capital commitment earlier this month.
The retirement system approved the search at last week’s board meeting due to an upcoming contract expiration.
The plan approved the search at a board meeting yesterday for pacing purposes.
The retirement plan interviewed three consultant finalists for its alternatives portfolio.
The retirement system will issue an RFP for lower middle market buyout funds.
The plan placed one manager on formal watch and terminated another.
The search comes after the plan increased its target to the asset class by 2%.