Recommendation comes according to a preview of several to the agency’s Asset Management Advisory Committee presented on Friday.
Plan added a $40 million commitment to an existing minority- and women-owned investment firm and made several changes to its watch list this week.
Search follows one most recently conducted in 2016.
Plan added a floating rate public debt target as part of asset allocation changes approved at this month’s board meeting.
Plan approved an initial $14 million commitment to fill its maiden value-add real estate allocation.
Plan will conduct a search for domestic large-cap value managers in light of organizational changes at an incumbent firm.
The plan is seeking a manager-of-managers to handle a portfolio of women- and minority-owned international equity managers.
The plan lost a 30-year veteran following his recent death.
The new firm will manage an approximately $32 million portfolio previously run by Sawgrass Asset Management.
A California pension plan has disclosed roughly $120 million in recent private equity commitments.