The retirement system’s incumbent consultant was last rehired in 2019 after a similar search.
The retirement plan’s incumbent manager was placed on watch today for performance and organizational issues.
The retirement association made 13 commitments totaling more than $900 million.
The plan will issue the RFP to evaluate the international growth equity landscape.
The retirement system currently has two core real estate investments.
The plan is searching for a firm to provide private equity and private credit consulting services.
The plan also terminated a domestic small-cap growth equity manager.
The plan rehired two of its managers and terminated one as it wrapped up its search process at today’s meeting.
The three firms are recommended for watch status due to underperformance.