The plan interviewed five total private equity firms last quarter.
The firm underperformed in all time periods since inception.
The plan conducted a search to replace an emerging markets equity mandate.
Three firms submitted proposals to the plan’s equity index RFP.
The plan will put more than $14 billion out for bid.
The pension system hired a new manager after closed session deliberations at a meeting this week.
The pension plan also made a follow-on infrastructure commitment.
The pension plan approved an infrastructure implementation plan at this week’s board meeting.
The position was left vacant following the retirement of the plan’s former manager earlier this year.
The plan is looking to award $250 million to $3 billion in mandates.