The plan is looking to invest $50 million in the selected strategy.
The plan hired Barings to manage two customized funds.
The plan will target eight to 10 emerging buyout funds.
The town is seeking an advisor to help manage its trust fund portfolio.
The plan interviewed a total of four finalists for the mandate in March.
The plan received a report from its consultant after launching the search in February.
The consulting analyst recently left the industry.
The current provider will see its contract expire at the end of this year.
The plan added a new international all-cap equity allocation in March.
The plan committed additional capital to two credit funds at its meeting today.