Plan will target $25 million to infrastructure for 2021-2022 and could issue an RFP if no existing relationships are out to market.

Plan added a fixed-income manager to its watch list today and has scheduled a presentation from an underperforming equity manager for next month.

Plan’s investment advisory committee agreed to endorse a private markets consultant recommendation that will require full board approval later this month.

The planned search is due to state regulation.

The plan approved the hire of a new general investment consultant at its pension committee meeting today.

With Bitcoin (BTC) making waves and headlines worldwide in a bull run over the last several months, the institutional investment space is divided on the advantages and disadvantages that the “magic internet money” can bring to portfolios.