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The plan considered four real estate investment recommendations last month.
The plan is seeking an executive search firm to hire a replacement for David Hunter, who resigned last month.
He will be heavily involved in risk management, quantitative models and data efforts.
The plan chose a new firm to serve as its third-party administrator last month.
The previous winner’s hire was negated by the state agency.
The plan added a commitment with a new global infrastructure manager.
The recommendations will now be brought to the Securities and Exchange Commission for further discussion.
The plan’s consultant conducted a search last quarter due to organizational changes.
The search is due to the upcoming contract expiration of the plan’s current provider.
PFM Asset Management will continue to operate as a separate entity and PFM’s financial advisory business is not included in this acquisition and will continue to operate independently.
