The firm underperformed for two consecutive calendar quarters.
The selected investment consultant will assist with an upcoming record keeper search.
The RFPs will seek managers to handle 10 different strategies.
The termination was due to underperformance.
The search is open to fund-of-funds, co-investments and private debt strategies.
The plan named its new executive director from within the organization.
The commitments total $850 million to existing relationships.
The firm will be tasked with conducting a third-party administrator search.
The managing director will oversee a newly established in-house real estate group.
The plan made hires in the two searches at a Nov. 15 special board meeting.