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The plan tapped a recently retired deputy from the state’s employees retirement system.
A Southwestern county is searching for a firm to manage and advise on $168 million in operating and capital funds.
County 457 and 401(a) plans in the Great Lakes region have rehired a general investment consultant as the result of a recent search.
Plan has begun a search for a new executive director following a departure last month.
The plan approved a $10 million investment in the manager at its board meeting today.
He will help oversee small-cap core and small- to mid-cap equity strategies, the firm said.
Plan will target $25 million to infrastructure for 2021-2022 and could issue an RFP if no existing relationships are out to market.
The plan made selections following interviews with two firms due to underperformance from incumbent managers.
The plan selected three finalists in its shortlist search for an emerging markets equity manager at a meeting this week.