The board will hire a new private equity manager in October.
The firm has named co-managing partners as part of a leadership transition, which will see its president and ceo become managing partner emeritus.
The manager hire was recommended as part of a public equity structure analysis.
The executive director has been with the retirement system for more than ten years.
The plans considered replacing their underperforming balanced fund manager earlier this month.
The firm has added two new members to its capital formation group.
The deferred compensation plan currently works with general investment consultant Creative Planning Institutional Advisors.
The new defined contribution solutions head spent the past 17 years at Franklin Templeton Investments.
The agency expects its board to award a contact on or about Dec. 20.
The county received six proposals in response to an RFP issued in January.