The plan will issue the RFP to evaluate the international growth equity landscape.
The retirement system currently has two core real estate investments.
The plan is searching for a firm to provide private equity and private credit consulting services.
The plan also terminated a domestic small-cap growth equity manager.
The plan rehired two of its managers and terminated one as it wrapped up its search process at today’s meeting.
The three firms are recommended for watch status due to underperformance.
The plan has concluded a private credit manager search that began last summer.
The plan is seeking record keeping, communication and investment services.
The termination stems from asset outflows and underperformance.
The search is due to personnel turnover at the pension fund’s incumbent fixed-income manager.