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The plan opted to retain its incumbent consultant following a search launched in November.
A Southeast city is searching for a firm to oversee up to $5 million in investments.
He will continue to serve on his current fund through June 1.
The firm will help Macquarie offer alternative investment strategies to high-net-worth clients.
The winner will take over a $361 million mandate.
Plan added $225 million in private equity commitments in early February.
Plan will target direct lending, structured credit, distressed and special situations, specialty finance and multi-asset strategies in a private credit search scheduled to launch this week.
A managing director was hired in October to assume day-to-day management responsibilities.
The plan is seeking a manager to handle $95 million in developed markets equities.