The changes include increases to the plan’s core real estate and infrastructure targets and subsequent searches.
The investment consulting firm has announced the appointment of a new president and ceo ahead of the retirement of its current leader at the end of 2024.
The plan will continue their discussions on potentially investing in private credit at a meeting next month.
The firm’s current cio for public markets will retire at the end of 2024.
Plan staff made a $9 million private credit co-investment in May.
The plan is scheduled to approve a new target asset allocation at its meeting on Tuesday.
The firm is announcing the changes, including the retirement of its president, in conjunction with its age 65 retirement policy.
The retirement system approved an emergency procurement for a general investment consultant in November.
Rose Dean joined investment consulting firm NEPC as a senior consultant this April after previously serving as a managing director with Wilshire.
The utilities company is seeking a firm to serve as record keeper for its deferred compensation plan and 401(k) plan assets.