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The pension plan recently made $1.2 billion in total commitments across its credit strategies, private equity and real assets portfolios.
The upcoming search will seek potential replacements for the plan’s incumbent, which handles $477 million.
The commission had $163.9 million in total cash and investments as of Dec. 31.
The plan also disclosed two staff-delegated investments at a meeting yesterday.
He will lead investments across the Northeast and Southeast regions of the U.S.
The hire concludes an RFP search launched as part of an investment consultant strategy in March.
The search is being conducted in accordance with state procurement requirements.
The plan also approved a new international equity structure and a real estate pacing plan at today’s board meeting.
The firm has appointed Christopher Wright as president effective immediately.
The pension plan approved three commitments totaling $175 million and a private credit pacing plan this week.