The retirement systems first initiated a search for a new executive director in the third quarter.
The defined contribution plan’s current consultant contract is set to expire.
The commitment represents a new manager relationship for the retirement system.
The plan expects to issue an award notice on July 18.
The retirement system diversified its domestic bond portfolio with the investment on April 1.
The association has issued an RFP seeking investment advisors for a newly established permanent endowment fund with an initial investment of $500,000 to $1 million.
The alternatives consulting firm has announced the addition of three new professionals to its team.
The retirement fund also tabled a proposed value-add real estate commitment today.
The retirement system will discuss implementing its new strategic asset allocation with manager searches.
The pension system also reviewed a private equity pacing plan last week and sent out an invitation only multi-asset credit RFP in April.