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The plan is seeking to identify one or more managers to handle a commercial mortgage-backed securities mandate.
The plan has begun its passive domestic large-cap equity search, with other RFPs coming.
The plan has been anticipating conducting the search for an index fund provider since approving an RFP process in February.
The plan approved its first private equity commitment at a February meeting after establishing a maiden allocation to the asset class last year.
The new hire previously served as CIO of the EMEA region at MetLife.
One focuses on transaction execution and portfolio management, while the other is involved in all phases of the investment process.
The search is being reopened due to a prior delay.
The plan issued an RFP seeking a S&P 500 manager that was last conducted in 2014
The deal combines BGO’s core, core-plus, value-add and debt strategies with Metropolitan’s integrated primary, secondary and co-investment real estate strategies to create a combined and diversified real estate platform.