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The retirement system will interview three firms for a $20 million mandate.
The healthcare system is working on sustainable investment guidelines after reviewing sustainability scores on current investments in the first quarter and evaluating future opportunities.
The plan interviewed four finalists at its board meeting this week.
Plan is conducting the search to fill a 3% target to the asset class.
The plan is looking to potentially replace its incumbent due to performance issues.
The trust will immediately begin a global search for its next cio as its long-time investment head is set to retire next year.
The additions will support the firm’s growth and development.
The plan hired a new firm to provide custodial and index management services.
The plan’s current consultant will see its contract expire this year.