The system’s board has named an acting executive director from the state treasurer’s office.
The close of the more than $360 million fund brings total firm assets under management to $1.7 billion.
Danielle LeClair has been appointed investment director for the Americas, joining the global asset manager from Morningstar.
The hire concludes an RFP process that began in November.
The selected manager will handle more than 80% of total assets.
The retirement plan concluded its U.S. small-cap value equity manager search after interviewing two finalists.
The search is open to equity-focused, open-ended strategies.
The search is for an open-ended farmland manager to handle up to $22 million.
The plan tapped public market credit consultant Mercer earlier this year to conduct the searches.
The plans’ current consultant contract will expire in January.