The plan’s sole emerging markets equity manager was first hired in 2017.
The plan made the decision in closed session of its August board meeting.
The retirement system is seeking an international growth equity manager to handle $200 million.
The plan’s current manager has been under scrutiny due to organizational and personnel changes.
The plan last conducted an asset/liability study 18 years ago.
The current executive director is retiring after 34 years with the plan.
The plan is looking to create a broadly diversified private credit portfolio.
The plan made a private equity commitment and approved a hedge fund redemption at today’s board meeting.
The plan is seeking open-ended fund managers to handle $45 million.
The plan also named finalists in its non-core real estate and private credit searches.