The retirement system hired a global equity manager to handle $500 million and added two commitments with existing manager relationships last week.
The search is being conducted due to the upcoming Dec. 31 contract expiration of incumbent RVK.
The retirement system is seeking direct/niche lending and credit opportunities funds.
The director spent nearly 10 years with the plan before leaving last month.
The firm’s new head of portfolio management joins from a mid-Atlantic pension fund.
Malik Murray died on April 19 of an apparent heart attack.
Global alternative investment manager TPG and global investment company Temasek are making a substantial minority investment in alternatives consulting firm Cliffwater.
The plan was informed of two staff-delegated commitments at its April 17 board meeting.
The plan’s current U.S. small-cap growth equity allocation is handled by UBS Asset Management.
The plan is looking to invest $100 million in a liquid credit strategy.