The director will manage the plan’s $16 billion private equity portfolio.
The position was last filled in January.
The plans are looking to fill real estate and international equity mandates totaling $22.5 million.
The plan added a 2% maiden target following an asset/liability study last month.
The plan committed $130 million total to four existing managers and one new manager in June.
The plan increased its private credit target and added a commitment within the non-core fixed-income portfolio yesterday.
The plan approved a credit commitment with an existing manager and an internally managed absolute return allocation last week.
The plan expects to issue the RFP in 2023 after delaying it for one year.
The plan is in the process of filling its 5% private credit target and conducting a real estate portfolio structure review.
The increased commitment will provide the plan with “an equal-weighted exposure” between its U.S. and European private credit managers and the termination will reduce volatility.