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The plans conducted a similar search for the services in 2020.
Retirement plan sponsors are showing notable interest in adding private market assets to defined contribution plans, according to Cerulli Associates’ latest report.
The pension fund concluded its investment consultant search last month.
The rebrand reflects the global equity firm’s growth, broadened investment capabilities and commitment to delivering disciplined, research-driven global equity solutions for clients, capturing its identity and differentiated perspective.
The fund is co-managed by Managing Partner and CIO Tony Yoseloff, Co-Deputy Managing Partner Patrick Dennis and Partner and Head of European and Asian Corporates Chris Krishanthan.
The pension plan received a single proposal following an RFP process launched this summer.
The board recently approved real estate commitments and increased previously made private equity commitments.
Eir Partners Capital has closed its third fund above target with $1 billion in aggregate capital commitments.
The plan also made up to $55 million in alternatives commitments in the fourth quarter.
The state deferred compensation fund’s current stable value manager handles $8.3 billion.