The plan will discuss adding a 3% private debt target at its board meeting on Friday.
Plan’s investment committee was scheduled to interview four firms in the search for an up to $60 million allocation.
Plan will review two funds previously narrowed from a direct lending search presented in February.
He will focus on continuing to grow the firm’s European corporate credit investment platform.
System’s endowment is underweight its target to the asset class.
The four new firms help make up the plan’s new $5.2 billion fixed-income structure.
Plan’s board considered terminating an emerging markets value equity manager and disclosed several alternative commitments and manager terminations last month.
Plan approved four new alternatives commitments and has begun a search for an investment analyst.
Search is for a consultant to oversee a 2% portfolio to private credit approved in August 2020.
The plan committed $700 million to two alternative managers.