The plan made additional commitments to existing managers at its meeting last week.
The plan is in the early stages of evaluating its long/short equity, absolute return and fixed-income credit portfolios.
The plan is looking to expand its existing $1.16 billion factor portfolio to a global all country equity mandate.
The plan committed a total of $15 million to two private equity managers this summer.
Shundrawn Thomas will lead a firm providing credit and other financial solutions to lower middle market companies.
The plan hired a new domestic small-cap growth equity manager after Voya Investment Management acquired the U.S. business of prior manager Allianz Global Investors.
The plan hired two active emerging markets equity managers to split the allocation.
The plan will have further discussions on adding a 3% initial target to private equity at its November board meeting.
The plan is conducting its first search for dedicated China public equity managers.
The plan is considering adding international value managers to complement its growth exposure.