The current executive director has worked at the fund for 27 years.
The oversubscribed fund achieved its hard cap of 300 million.
The pension fund also approved a private equity commitment and retained its general investment consultant following a search.
The retirement system also approved a search for a multi-asset credit manager at the end of August.
The fund opted to replace its mid-cap growth investment due to underperformance.
The fund anticipates awarding five contracts in the search.
The pension fund hired a pair of international growth equity managers at this week’s board meeting.
The change comes as part of an overall review of the real assets portfolio by its general investment consultant.
The investment advisor has appointed a ceo to help oversee the approximately $8.7 billion in assets it advises on.
The firm added a pair of consultant relations v.p.s.