The new hire joins the plan from a national investment consulting firm.
The current consultant will see its contract expire next year.
The upcoming search complies with standard state procurement laws.
The search is due to the upcoming retirement of its executive director in April.
The new consultant will begin its new five-year contract in February.
The changes include the departure of the plan’s cio.
The plan committed to three non-core real estate funds last week.
The plan approved the search following a quarterly performance review.
The plan hired two firms in its international equity manager search.
The commitments conclude an RFP process and were made for pacing purposes.