The new manager will handle approximately $450 million.
The plan’s upcoming search will not include its incumbents.
The plan hired two firms after finalist interviews last week.
The fund is looking to hire one firm to handle its approximately $841 million insurance program.
The two investment officers will begin in their new positions next week.
The plan had been scheduled to issue the RFP for due diligence purposes.
The plan’s current small-cap core manager was first hired in 2008.
The trust’s current investment consultant will see its contract expire this year.
The search is part of a scheduled review process.
The plan also interviewed two firms in its domestic large-cap growth equity manager search last month.