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.
The current consultant will see its contract expire on June 30.
The pacing plans call for a total of $835 million across the two asset classes.
The plan deferred its core-plus fixed-income search to its January board meeting.