The plan will commit $160 million total to infrastructure through 2029.
The plan rehired its incumbent in 2020 after conducting a similar search.
The plan also recently concluded a liquid credit manager search.
The plan made two commitments for pacing purposes at today’s board meeting.
The search is due to portfolio manager changes and underperformance by the incumbent.
The retirement board was also expected to hire a new manager in its domestic small- to mid-cap growth equity manager search.
The plan is seeking a firm to provide administration, marketing and record keeping services.
The retirement plan is also expected to conduct a real estate manager search soon.
The retirement system has issued its RFP after initially approving the search in May.
The real estate commitment represents a new relationship for the plan.