The retirement association interviewed a total of six firms last month.
The search is being conducted to comply with standard state regulatory compliance.
The plan is also searching for an emerging markets ex-China manager.
The commitment was made in accordance with a 2024 pacing plan.
The plan also issued its RFP seeking passive fixed-income managers.
The plan’s current illiquid consultants will see their contracts expire.
The plan has hired a recruitment firm to assist in its executive director search.
The selected firm will help in an upcoming plan administrator RFP.
The plan adopted a new asset allocation that also eliminated risk parity and more than doubled its hedge fund target this week.
The cio is retiring after nearly 20 years at the pension plan.