The district is seeking a full-time non-discretionary investment advisor.
The state conducted a search in July for its various pension plans and endowments.
The retirement system will allocate $450 million with the new international equity manager.
The hire concluded a domestic small-cap value equity replacement search from earlier this year.
The plan last conducted a similar search in 2019 when it rehired its incumbent.
The plan hired a new bank loan manager due to personnel turnover at the incumbent firm.
The fund is looking to hire four global passive fixed-income managers.
The plan’s current executive director is set to retire later this year.
The former ceo resigned in 2023 after the board questioned his commitment to the retirement system.
The plan also made a co-investment commitment last month.