The search is being conducted due to state procurement rules.
The new hire was most recently head of marketable alternatives at Meketa Investment Group.
The retirement fund will interview two firms to handle the new allocation.
The three firms will vie for a $25 million mandate next month.
The cio will retire after more than 25 years of service.
The retirement system’s incumbent consultant was last rehired in 2019 after a similar search.
The retirement plan’s incumbent manager was placed on watch today for performance and organizational issues.
The cio is retiring after more than 10 years with the board.
The retirement association made 13 commitments totaling more than $900 million.
The plan will issue the RFP to evaluate the international growth equity landscape.