The plan adds a deputy cio with previous experience at the California Public Employees’ Retirement System.
The retirement system interviewed three finalists for its general investment consultant search.
The search is due to the incumbent consultant’s upcoming contract expiration.
The trust committed $70 million across two commitments last month for pacing purposes.
The current director is set to retire this year.
The plan also previously rehired the firm in 2019 following a similar RFP process.
The plan approved $350 million in commitments with GPs at a meeting last week.
The plan named two firms to manage $450 million total.
The plan issued an RFP in December for a firm to manage a $350 million mandate.
The new position will help oversee a total portfolio approach.