The plan rehired its incumbent in 2020 after conducting a similar search.
The plan also recently concluded a liquid credit manager search.
The pension system increased private equity and infrastructure and real assets following changes approved this week.
The plan made two commitments for pacing purposes at today’s board meeting.
The pension fund approved up to $500 million in private markets commitments at a meeting today.
She comes to the plan from another retirement fund in the state.
The search is due to portfolio manager changes and underperformance by the incumbent.
The pension fund swapped out an active large-cap value equity mandate for a passive one in the second quarter.
A new study finds that the time saved through outsourcing creates capacity for higher-value work.
The nonprofit is seeking a director of investments to help manage its investment portfolio as well as spearhead the development and implementation of its investment strategy.