At least one client will explore alternative options next month.
The retirement system also recently made two private markets commitments.
The retirement fund also hired an emerging markets equity manager last week.
The plan recently made $285 million in private markets commitments.
The plan received an infrastructure search report that included two candidates at today’s meeting.
The retirement system will interview the finalists at its December finance committee meeting.
The commitments include two new manager relationships for the council.
The plan is looking to invest up to $35 million across the two strategies.
The retirement system approved issuing the RFPs last month due to standard state procurement laws.
The plan will look to conclude its private markets consultant search next month.