The plan is watching two absolute return managers due to concerns related to turnover and portfolio construction.
The plan concluded its domestic small- to mid-cap equity manager search and made private markets commitments last week.
The plan approved a $10 million commitment at its Dec. 1 board meeting.
The plan will consider hiring five multi-asset credit managers and terminating five existing managers.
The plan will launch a credit manager RFP next month to fill a maiden allocation to the asset class.
The plan added commitments totaling $45 million in the last several months.
The plan will first issue RFPs for global infrastructure and tactical asset allocation managers.
The plan will begin a search for core fixed-income managers next month.
The plan committed $910 million total to one new manager and two existing managers this week.
The commitment will fit into the debt-related special situations bucket of the plan’s private equity portfolio.