The pension plan liquidated an international equity mandate and made $1.8 billion in total commitments in September.
The plan replaced its target date fund manager due to the firm’s underperformance.
The executive director is the subject of a personnel-related investigation that is currently being conducted by an outside third party.
The pension plan approved commitments totaling $95 million with three existing manager relationships last week.
The pension plan made a $15 million credit commitment earlier this month.
The retirement system will hold a special board meeting to vote on its record keeper search after dismissing Executive Director Scott Miller this week.
The pension plan hired a new manager after increasing its domestic fixed-income target allocation in May.
The pension plan hired a new domestic large-cap growth equity manager and committed to an existing opportunistic real estate manager today.
The pension plan will consider tweaking its asset allocation for fiscal year 2024 at its board meeting tomorrow and disclosed commitments totaling $450 million at today’s investment advisory committee meeting.
The pension plan terminated an existing hedge fund manager and committed to a new infrastructure manager in September.