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The retirement system has been working with its incumbent consultant since 1987.
The search for a manager to handle $30 million was approved at a board meeting last week.
The firm will see the retirement of a co-portfolio manager on its global equity strategy and has appointed a successor.
The plan approved hires in its general and alternatives investment consulting searches at today’s board meeting.
The plan is seeking broadly diversified core open-end real estate strategies.
He will join his new firm as a partner.
The plan is targeting a proposed allocation of $12 million to $18 million for pacing purposes.
The pension fund committed to private credit and private equity buyout funds.
The retirement system hired a firm to replace its underperforming incumbent earlier this week.
The plan has a new 3% target to private equity.