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The retirement system moved to a new general investment consultant in the first quarter after cutting ties with its incumbent after roughly 15 years.
The retirement system is also slated to vote on its general investment consultant search next month.
The plan will seek one or two managers to handle a total commitment of $450 million.
Institutional investors prioritize stable investment teams and open communication in addition to consistent performance when evaluating managers.
The plan interviewed three firms for a $7.5 million mandate.
The search comes ahead of the contract expiration of its longtime incumbent.
The pension plan also added a global equity manager to its portfolio at a meeting yesterday.
The pension trust is targeting the RFP’s release for early summer.
The search is for an open-end private infrastructure strategy.
The incumbent submitted the sole response to an RFQ issued in January.