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The plan made the manager change due to performance issues with the incumbent.
The authority is slated to select a firm at its board of commissioners meeting in June.
The searches stem from a new asset allocation and international equity structure review approved in February.
The plan is seeking managers to handle a total of $135 million.
The retirement system eliminated its 6% target to the asset class this week.
The plan named four general investment consultant semifinalists at today’s investment committee meeting.
The position had been vacant since September.
Despite a rise in female-led firms within private equity and venture capital last year, women remain significantly underrepresented in the space and Women’s History Month offers even more reason to celebrate their successes while additionally providing access to talented, under-the-radar females in today’s challenged market.
The search is being conducted to diversify the program’s investment lineup.
The fund invests in new firms led by experienced private equity investors.