The plan disclosed recent commitments with four existing managers and one new manager at its board meeting today.
The new hire replaces Grant Hughes, who resigned last year.
T. Rowe Price Associates currently provides bundled services for the plan.
The search will be conducted as part of a real assets structure review, which was approved at today’s board meeting.
A Northwestern fund is expected to select a general investment consultant in May.
The plan made four private equity investments with existing managers last month.
A Virginia plan added two private equity commitments with existing managers.
The plan reduced its exposure to international equity and will receive two buyout fund-of-funds manager presentations as part of an ongoing search.
The plan will receive finalist presentations from three liquid multi-sector credit managers and three semi-liquid multi-sector credit managers over the next two months.
The plan will consider replacing its international small-cap equity mandate with MFS Investment Management in May.