The search comes as the current executive director will retire this year.
The plan also revised its upcoming fixed-income and international equity manager search timelines.
The retirement system concluded its domestic small-cap value equity search by selecting two managers.
The current consultant’s contract is slated to expire on June 30.
The plan last conducted a real estate consultant search in 2017.
The retirement system concluded its consultant search after relaunching it in September.
The plan selected two firms in its infrastructure manager search.
The plan received three responses to a passive equity manager RFP issued in August.
The council has named its new state investment officer.
The manager was placed on watch last year for underperformance.