The pension will allocate $250 million to $400 million each to multiple mandates.
The district is establishing a new defined benefit plan later this year.
The plan considered five total direct lending strategies before making a commitment in February.
The retirement system is seeking to expand its private debt and private equity teams.
The retirement system will interview two sets of finalists next month.
The plan is conducting the search in anticipation of the expiring contracts of its three large-cap growth managers.
The plan is researching diversifying strategies for potential allocations.
The deferred compensation plan is searching for an active manager to handle its ESG investment option.
The plan will target core/core-plus and non-core real estate this year.
The fund’s consultant is concerned with its underperforming international equity manager.