The district is seeking investment management and advisory services for its roughly $88.6 million investment portfolio.
The plan extended the contract with its incumbent retirement plan provider that has been working with the fund since 1979.
The pension fund’s consultant will conduct onsite visits with six evergreen private credit managers in the coming months.
The commission issued a similar RFP in 2018 as part of a periodic review.
The firm had a first close of its inaugural private credit strategy.
The pension fund hired its second infrastructure manager in June after hiring its inaugural manager for the asset class last year.
The pension fund approved up to $500 million in private markets commitments at a meeting today.
She comes to the plan from another retirement fund in the state.
The firm has also hired a managing director to lead the new business.
The retirement system will interview four private equity managers at an investment committee meeting this week.