Firm’s new v.p. and consultant joins from another investment consulting firm.
Firm added an associate consultant and senior analyst in recent months.
The plan expects to conduct an RFP for private debt managers for pacing purposes.
The plan approved the elimination of an active mid-cap equity mandate that had been on watch since last year.
Stephen Fitzsimmons joined RBC Global Asset Management as an institutional portfolio manager for BlueBay U.S. Fixed Income on July 25.
The internal appointment took over the role last month.
The plan ended a 30-year relationship with a core-plus bond manager after changes from recent meetings reported out of closed session.
The retirement system made $275 million in new alternatives commitments in recent months.
The plan is considering shifting its small- and mid-cap manager relationships as part of a broader discussion about the domestic equity portfolio.