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The program last conducted a search for record keeping, plan administration and claims processing services in 2017.
The new hires include a managing director of portfolio operations, v.p. of investments and assistant controller.
The new cio previously served as senior v.p. of fixed-income investments at the firm.
The program will stick with its four incumbent providers for the services.
The commitments include three new manager relationships for the retirement system.
Archer serves as v.p. and cfo at the Lumina Foundation and directs the investment strategies for its approximately $1.4 billion endowment.
The plan opted to hire a new general investment consultant after 10 years with its incumbent.
The new hire previously served as senior manager of investments at the $2.5 billion Montgomery County (Md.) Public Schools Pension & Retirement Plan.
The investment board was informed that two of its client funds have adopted a new asset allocation policy at today’s meeting.