The retirement plan’s incumbent consultant firm lost a senior v.p. last month.
The plan is considering diversifying its real estate portfolio to include non-core strategies.
The retirement system has issued two RFPs in accordance with state regulatory requirements.
The plan named three finalists to replace its current international growth equity manager.
The plan is seeking a manager to handle a $6 million mandate.
The retirement board’s latest search is required by state statute.
The plan interviewed a total of five firms at today’s board meeting.
The plan also received a hedge fund search report that includes 22 responses.
The retirement system’s current provider was first hired in 2019 following a similar RFP process.
The plan also named finalists in its private markets consultant search.