The retirement system’s current bond manager was first hired in 2018.
The plan’s current U.S. small-cap growth equity option has experienced underperformance.
The retirement system launched a core fixed-income RFP process in September.
Private debt would represent a new investment for the trust.
The contracts of incumbent providers will expire later this year.
The retirement system had anticipated initiating the search per state regulations.
The retirement board is seeking an active value-oriented international equity manager.
The retirement system approved the search at its February board meeting.
The retirement system is seeking international equity managers to handle a mandate benchmarked to the MSCI ACWI ex-US Index.
The plan made a hire in its non-discretionary hedge fund consultant search earlier this year.