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Investment officer will source, research and conduct due diligence on private equity investments for the plan.
Plan’s investment committee was scheduled to interview four firms in the search for an up to $60 million allocation.
The current executive director and cio is retiring in August.
Plan currently works with general investment consultant Innovest Portfolio Solutions.
Plan will review two funds previously narrowed from a direct lending search presented in February.
The plan’s incumbent was first hired in 2016.
Plan will expand its team with the addition of two senior investment officers to focus on private markets and an investment officer to assist in managing its public market portfolios.
Plan will seek a real estate manager to diversify its portfolio.
Search is for a firm to provide record keeping, plan compliance support and administration, among other responsibilities.
Plan reissued an RFP for investment consulting services originally launched in April due to the impending contract expiration of its incumbent.
