The plan hired two active emerging markets equity managers to split the allocation.
Draft RFPs will be reviewed next month for scheduled publication in January.
The plan has issued an RFP seeking the services for its $103.5 million 457(b) plan.
The firm has also hired a new partner from Sixth Street Partners to lead the platform.
She will be responsible for general oversight and day-to-day management of all global non-investment operations.
The board terminated three domestic fixed-income strategies, which handled $1.2 billion total across its three plans.
The district is seeking the services for its retirement plans.
Program had underperformed its custom benchmark net-of-fees since inception.
The plan is conducting the search due to the upcoming contract expiration of its current consultant.
The plan made a commitment after interviewing two private credit managers last week.