The plan’s current private markets co-investment manager will see its contract expire at the end of the year.
The plan’s current real assets consultant will see its contract expire this year.
The retirement system is searching for a firm to conduct a one-time asset allocation review.
The search is open to real estate debt, opportunistic and value-add funds.
The retirement system is seeking a Standard & Poor’s 400 Index manager.
The director will be responsible for developing, launching and managing the new program.
The two commitments were made for pacing purposes.
The plan is considering a 5% dedicated allocation to the new asset class.
The plans are looking to consolidate retirement services to a single firm.
The retirement system will interview two growth and two value finalists next month.