The retirement system terminated its incumbent domestic small-cap core equity manager earlier this year.
The hire concludes a shortlist search that resulted from a global equity restructuring last month.
The retirement system’s cio will retire at the end of this month.
Three firms were vying for the $30 million mandate.
The plan also funded a new internally managed enhanced index fund.
The plan will discuss adding a maiden allocation to private credit.
The plan is seeking small-cap, small- to mid-cap and large-cap managers in a search open to core, growth and value styles.
The plan will also receive a domestic large-cap growth equity manager search report next week.
The changes were recommended by the trust’s newly hired general investment consultant.
The pension fund previously extended the contract of its transition managers by one year.