The retirement fund will interview three finalists in its general investment consultant search next week.
The defined contribution plan’s current consultant contract is set to expire.
The search is being conducted for due diligence purposes.
The retirement system interviewed two private credit managers at its March investment committee meeting.
The pension will allocate $250 million to $400 million each to multiple mandates.
The district is establishing a new defined benefit plan later this year.
The plan considered five total direct lending strategies before making a commitment in February.
The retirement system is seeking to expand its private debt and private equity teams.
The retirement system will interview two sets of finalists next month.
The plan is conducting the search in anticipation of the expiring contracts of its three large-cap growth managers.