The retirement association also terminated an emerging market fixed-income mandate at today’s board meeting.
Four total firms were interviewed in May for the mandate.
The retirement plan also hired a new principal investment officer of real assets.
The company has a vacancy as the result of a promotion last week.
The plan will consider adding a dedicated target to the asset class this week.
The company’s pension plan named a successor in response to a vacancy.
The retirement system may commit up to two firms for a total of $14 million.
The retirement system rehired its incumbent manager after similar searches in 2006 and 2018.
The searches include a maiden domestic small- to mid-cap equity mandate.
The retirement system also concluded its private equity and index manager searches.