The search is to potentially replace an incumbent manager due to performance concerns.
The plan is required to go out to bid every seven years.
The Rhode Island plan is working to fill the position in the interim.
The searches follow establishment of new sub-asset class targets of 11% to broad fixed-income and 3% to high-yield within its overall fixed-income target earlier this year.
The defined contribution plan has issued an RFP seeking investment consulting services.
The pension plan committed $125 million to new and existing manager relationships last week.
The plan most recently renewed its general investment consultant contract in August 2022.
The plan is relaunching the search due to “issues” with its previous RFP.
The plan’s real estate committee received four investment recommendations on Wednesday and approved a commitment in May.
He joined the firm from DWS Group, where he was senior relationship manager for consultant relations.