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The newly hired firm will provide private credit, private equity, real estate and infrastructure consulting services.
The retirement system issued RFPs to comply with state procurement regulations.
The plan is seeking a firm to provide record keeping and administration services.
The RFQ has been issued ahead of the incumbent’s contract expiration and the process will likely turn into a formal RFP.
The plans are seeking a full range of investment, custodial and record keeping services.
The firm has added two new members to its distribution team.
The search follows the recent departure of a high-level domestic equity staff member.
The pension plan also made credit and infrastructure commitments totaling $130 million last month.
The plan previously had the portfolio in a Standard & Poor’s 500 Index fund.
The retirement system also saw two investment staff members depart this week.