Infrastructure
The plan expects to launch the search in January as its incumbent’s contract is slated to expire on June 30.
The search will be conducted as part of a new policy to review vendor services every five years.
Plan is seeking closed-end funds for a $10 million to $15 million mandate.
The commitments include two custom mandates.
The pension plan’s investment committee approved commodities, fixed-income and private credit commitments last week.
The pension plan liquidated an international equity mandate and made $1.8 billion in total commitments in September.
The global asset manager has raised approximately $1 billion for an energy transition infrastructure fund.
Expansions will help the systems reach their goal of having 15% of U.S.-based actively managed investment assets with diverse-owned firms by 2025 and 20% by 2029.
The plan recently made five real assets and venture capital commitments.
The interviews come after the plan created a new 3% target to core infrastructure in February.
