The selected firm will provide administration, record keeping, communication, education, investment management and custodial trustee services for the plans.
Plan approved initiating a search for real estate managers in March as it winds down another fund.
Pantheon has closed its third senior credit secondaries program with $5.2 billion.
The acquisition will bring Seattle-based Pugh’s firmwide assets under management to $13.2 billion.
The plan will consider active and passive strategies and responses that encompass U.S.-only mandates and products with a global component.
This marks the retirement system’s third search attempt to fill an approximately $1.2 billion expected allocation.
The retirement fund is seeking a firm to provide objective third-party advice for its retirement fund assets.
The pension plans launched a search last May for due diligence purposes.
The retirement board will issue a global low volatility equity manager RFP early next week.
The new hire joins the department of the treasurer’s private equity investment team.