The district is seeking to “consolidate providers by implementing a single vendor or a dual vendor solution.”
The retirement fund also disclosed commitments totaling roughly $1.7 billion in June.
The retirement plan recently terminated two underperforming domestic equity managers.
The retirement plan’s current consultant agreement has been in place since 2017.
The firm recently added three new members to its investment team.
The former director had been with the retirement system since 2013.
The plan also made a private equity commitment in June.
The retirement system has hired a new cfo after launching a search in April.
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.