The selected firm will manage a $60 million core long-term investment portfolio.
An RFP was issued last February for a total allocation between $90 million and $180 million.
The plan’s new passive global inflation-linked fixed-income manager replaces an incumbent firm.
The plan will interview four emerging markets equity finalists next week.
The plan rehired its general investment consultant and hired a new firm for a separate specialty consultant services mandate.
Rodney Zemmel has joined Blackstone as global head of portfolio operations.
Andrew Hoffmann has joined the retirement systems as an investment director.
The plan approved private equity and real estate commitments at its board meeting today.
The retirement system terminated its incumbent international small-cap core equity manager this month due to personnel turnover.
The new role will continue Variant’s expansion into the institutional market.