The plan is looking to fill an underweight to the asset class within its portfolio.
The plan made a value-add real estate commitment with an existing manager this month.
A search firm has been hired to select a replacement.
A North Carolina city is searching for a non-discretionary investment advisor for its operating funds and bond proceeds.
She will oversee new deal origination, sourcing and marketing functions.
The transaction is expected to close in March.
The plan added a second large-cap value equity manager to diversify its portfolio.
The plan agreed to stay with Wilshire as its general investment consultant after interviewing two other finalists yesterday.
He will focus on acquisitions, capital formation and portfolio strategy.
The plan replaced its incumbent consultant, which it worked with since 2017.