The plan added a third investment officer as it continues to build out its investment team.
The retirement system appears to have last conducted searches for the services in 2014.
The new state investment officer joins from an Illinois-based defined benefit plan.
The new associate will help evaluate, analyze and monitor investments made by the mid-Atlantic-based private equity firm.
The firm now has over $1 billion in assets under management.
The plan is seeking small- to mid-cap growth and value equity managers as it considers a streamlining of its domestic equity portfolio.
The strategic partnership will see both firms and their funds managed independently.
The oversubscribed fund closes with approximately $940 million in commitments.
The retirement system has issued an RFP for general investment consulting services.
The firm’s current ceo and co-founder will remain as executive chair of the board.