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The university also revised the scope of services in the search to include managing funds after it issues
bonded debt.
The plan expects to select a general investment consultant in November.
Patrick Lee has joined Vaughan Nelson Investment Management as v.p. of institutional business development.
The firm has $40.4 billion of $1.4 trillion in client assets invested with diverse managers.
The firm added an investment team member from Mutual of America Capital Management to focus investment research and portfolio management.
The authority is seeking plan bundled services on behalf of its 457(b) deferred compensation plan.
The plan added a follow-on private equity commitment to a middle market buyout manager.
The search comes as the incumbent’s contract is set to expire at the end of the year.
The plan is seeking a firm to provide investment advice and evaluate investment options.