The search is being conducted due to the upcoming contract expiration of incumbent StepStone Group.
The retirement system also approved three commitments totaling up to $90 million yesterday.
Government Portfolio Advisors currently provides the services for the district.
The strategy is the largest fund ever raised with a specific focus on emerging buyout managers.
The deferred compensation plan received seven proposals in response to an RFP issued in April.
The retirement system terminated an international large-cap growth equity manager first hired in 2016.
The partner will help lead the firm’s investments in technology and business services.
The new hire will serve on ORIX Corporation USA’s capital formation and investor relations leadership team.
The authority currently has core fixed-income mandates with Alaska Permanent Capital Management and Barrow Hanley Global Investors.
The pension plan also removed its domestic core fixed-income mandate from watch last month.