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The retirement system previously extended its contract with incumbent Segal Marco Advisors for one year in October 2023.
The two firms will handle a total of more than $2.5 billion.
The retirement association conducted a search to potentially replace Western Asset Management.
The plan will invest $150 million into Ninety One’s Global Environment strategy.
The plan hired a new international value equity manager following finalist interviews at its September board meeting.
The retiree health care trust is searching for diverse index fund providers.
Geopolitical events, regulatory changes and policy shifts have led investors to reevaluate the role of exposure to China in their portfolios.
Global investment firm promoted from within for the newly created role.
The fund was developed by the firm’s liquidity committee and executed in partnership with HarbourVest Partners.
The firm also hired a head of global product and marketing.