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The plan established a dedicated real assets target of up to 3%.
The previous cio will retire in January after more than six years at the helm.
The retirement system added $860 million across three new commitments in May.
The plan’s board also voted to place a domestic large-cap value manager on watch.
The retirement system currently works with general investment consultant NEPC.
The retirement system is looking to access equity and fixed-income indices for future allocations.
The office’s newest deputy cio joins from a Midwestern Federal Reserve Bank.
The retirement association disclosed $60 million in private markets commitments following closed session deliberations.
The new hire will lead the firm’s investor relations function and help shape its broader capital strategy across its investment platforms.
The retirement fund also disclosed commitments totaling roughly $1.2 billion in July and August.