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The fund closed with $555 million in capital from both new and existing limited partners.
The search is open to both equity and debt strategies.
The plan is looking to invest $7 million with value-add real estate funds.
The deferred compensation plan hired four fixed-income managers to handle a total of $2.75 billion.
The firm closed five venture capital strategies with $1.6 billion in total commitments.
The investment was made through the Petershill program, which provides capital to leading alternative asset managers.
Publicly-traded large-cap companies continue to garner the attention of media and investors, but allocator interest is beginning to look down market to the small-cap sector.
The firm has appointed a managing director and fixed-income specialist.
The plan is seeking developed markets equity managers to handle a $50 million allocation.
The plan also terminated a bank loan manager at its March board meeting.