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The firm has named co-managing partners as part of a leadership transition, which will see its president and ceo become managing partner emeritus.
The plan is seeking deputy cio after a promotion over the summer.
The retirement fund terminated an international equity manager due to underperformance as well as to reduce fees.
The deal will expand T. Rowe Price’s fixed-income and ETF capabilities.
The two positions were created to support asset growth.
The retirement fund authorized commitments totaling $305 million, including one new relationship.
The six firms will handle aggregate assets of $1 billion.
The authority has issued an RFP seeking investment advisory and consulting services.
The position will assist the fund’s cio in overseeing its investment portfolios.
The commitment satisfies the retirement systems’ 2026 pacing plan for private markets.