The newly hired firm will provide private credit, private equity, real estate and infrastructure consulting services.
The retirement system issued RFPs to comply with state procurement regulations.
The RFP will be released next week due to the contract expirations of two incumbents.
The retirement system also hired new domestic small- to mid-cap equity managers in June.
The plan also terminated an international small-cap equity manager for performance reasons.
The retirement system received 29 total responses to a fixed-income RFP issued earlier this year.
The fund will soon launch a search for a permanent ceo.
The pension plan also hired a manager to handle a customized treasury mandate.
The retirement system’s current consultant was rehired after a similar RFP process in 2018.
The plan is seeking an investment manager to handle its entire balanced portfolio.