The plan’s emerging markets large-cap core equity manager had been on watch due to underperformance.
The firm has added six members to its leadership team as part of its strategic expansion.
The principal investment officer had been with the retirement association for more than 15 years.
The retirement system will consider replacing its active domestic mid-cap growth equity manager.
The pension plan recently made three commitments totaling $800 million.
The retirement system also recently added private markets commitments totaling $26 million.
The role is newly created for the Cape Town, South Africa-based global active investment manager.
The retirement system selected three absolute return managers and two real estate managers for possible inclusion within its investment lineup last week.
The retirement system approved a private equity commitment with an existing manager relationship last month.
The deferred compensation plan hired a new domestic large-cap core equity manager last week.