The plan promoted from within in hiring its first female real estate director.
The plan will work with Precision Pension Administration.
The new hire is responsible for business development and consultant relations in North America.
The plan has not made a new commitment to private equity since 2014.
The plan will invest a total of $35 million with two farmland funds.
The plan made a $50 million commitment after interviewing finalists at today’s meeting.
The plan is seeking passive large-cap equity providers and is also interested in firms with passive small-cap offerings.
The plan will interview two firms in September as it looks to replace its current manager due to personnel changes and a decline in AUM.
The pension plan hired a new domestic small-cap growth equity manager to replace its incumbent due to underperformance.
The plan hired a veteran investment staffer from the Los Angeles City Employees’ Retirement System.