A total of $359 million is up for grabs.
The retirement system approved private markets commitments at its board meeting today.
The plan’s general investment consultant will bring a search report next month.
The plan now has two active managers in its global equity portfolio.
The plan will issue an RFP later this year due to statutory requirements.
The retirement system last conducted a similar search in 2018.
The plan expects to add eight additional non-U.S. equity managers over the next two months.
The authority concluded an RFP process that began in August.
The plan is seeking a successor to a vacant position following a retirement.
The private credit manager is looking to raise $1.25 billion.