The retirement system will conduct searches for international small-cap equity, high-yield fixed-income and bank loan managers.
The searches are required to comply with state procurement requirements.
The plan’s existing general investment consultant will see its contract expire this month.
The plans hired a new consultant after interviewing four finalists last month.
The firm will provide investment consulting services, including advice on new product opportunities.
The searches result from a new strategic asset allocation.
The plan is looking to invest with two open-end core real estate managers.
The plan also disclosed two recent private markets commitments.
The search will not include the plan’s two incumbent firms.
The plan expects to hire a new domestic mid-cap growth equity manager later this month.