The plan is looking to replace Nicole Musicco, who departed at the end of September.
The plan approved retaining up to $10 billion in liquid markets exposure through the program at its investment committee meeting yesterday.
The new consultant was hired at a board meeting today following an invitation-only search initiated earlier this year.
The two finalists were selected yesterday and will interview with the plan’s board in November.
The plan received information on a total of 15 managers at its meeting today.
The upcoming retirement was disclosed at a pension board meeting today.
The retirement system approved a $35 million commitment to a middle market senior loan fund at its board meeting yesterday.
The retirement system is looking for a firm to provide general consulting and alternatives consulting services to its board.
The plan selected a new mid-cap growth manager over four other finalists to replace Allspring Global Investments at its August board meeting.
The plan hired a new manager to handle roughly $37 million at its board meeting last week following a recommendation from its general investment consultant this summer.