The plan approved four private equity and real estate commitments at today’s board meeting.
The plan’s general investment consultant will review an index search as well as potential active manager candidates at a meeting next month.
The plan hired a firm to assist the board with oversight of investment management functions.
The plan, which has worked with its incumbent since 2002, elected to hire a new consultant yesterday.
The plan terminated an underperforming international equity manager and made a venture capital commitment last month.
The plan has issued an RFP seeking record keeping and administration services.
The hires follow the winding down of an incumbent fixed-income manager earlier this summer.
The search is due to the impending contract expiration of its incumbent.
The plan made the hire at a board meeting this week after reissuing an RFP for the second time this summer.
The plan has hired a new consultant, replacing an incumbent that has worked with the plan since 2011.