The search is a result of a new asset allocation.
The retirement system could not come to an agreement with its previously hired manager.
The plan’s current manager was first hired in 2017.
The search is open to both equity and debt strategies.
The plan is looking to invest $7 million with value-add real estate funds.
The deferred compensation plan hired four fixed-income managers to handle a total of $2.75 billion.
A total of three finalists were interviewed at a meeting this week.
The cio leaves after more than 20 years with the county pension.
The commitment is part of an annual private equity pacing schedule.
The hire represents a homecoming for the plan’s new deputy director.