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Advisors and consultants sought for more investment options and retirement readiness planning.
The largest change was a 5% reduction to the plan’s multi-sector credit allocation.
Plan has issued an RFP for general investment and private assets consulting services after postponing a previous search in 2018.
Plan retained both private credit and hedge fund consultants following a search conducted last year.
The plan is seeking a senior investment officer as it looks to fill out its investment team following recent departures.
The plan amended its strategic asset allocation targets and added a new asset class at a meeting today.
The plan hired two complementary managers for its infrastructure portfolio.
He will focus on custom solutions and separate accounts, the firm said.
The plan approved a $100 million commitment on March 22.
Plan is replacing a manager hired a little more than one year ago.