The plan committed $100 million to a buyout fund at its meeting last week.

Plan is seeking emerging market debt managers to handle an allocation ranging between roughly $700 million and $1.12 billion.

The plan is conducting the domestic mid-cap core equity search due to portfolio management changes at its incumbent, while the large-cap growth hire was made following an RFP issued last year.

The plan hired an additional domestic large-cap growth equity manager after finalist interviews held at its board meeting today.

The plan is looking to hire a dedicated emerging markets equity manager to fill a structural underweight in the portfolio.

Plan will consider incorporating new allocations to private credit and private infrastructure in the coming months.