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The plan will consider replacing its international small-cap equity mandate with MFS Investment Management in May.
He will build the firm’s global ETF business, with an initial set of offerings planned for later this year.
The fund began its investment period in November.
He will lead the Houston-based firm’s infrastructure strategy.
The plan hired a value-add real estate manager to move closer to its 7% real estate target.
An internal investigation into the miscalculation of investment returns in late 2020 has found no criminal misconduct for the plan.
Plan approved the RFP for general investment consulting services at a board meeting last week.
Plan is seeking an investment consultant to assess its investment program.
The new allocation range equates to $2.7 billion to $3.3 billion to private equity this year.
He will help design, systematically implement and cost-effectively trade risk premia.