The plan is considering a 4% dedicated allocation to private investment grade credit.
The two hires will lead institutional business development efforts across two new regions.
The firm welcomes back Jeff Davidek, who previously spent 14 years at C.S. McKee.
The search will be conducted to replace an incumbent small-cap core manager.
The retirement system increased its private core real estate target in the second quarter.
The global equity manager has named Rodney Cohen as co-ceo and cio of Ariel Alternatives and Melody Rollins as executive v.p. and global head of distribution.
The plan’s former cio departed to join another pension plan in June.
The retirement system made commitments to two firms today after interviewing four managers last month.
The analyst focuses on private credit, infrastructure and income investment opportunities.
Board will look to add a new emerging markets equity manager within its $187.4 billion Commingled Trust Fund later this month.