The search is being conducted to comply with standard state procurement laws.
The plan is searching for index managers to handle $10.5 billion.
The plan selected two international small-cap value equity managers to conclude its search for a firm in the fourth quarter due to underperformance from the incumbent.
The plan’s outsourced cio hired global large-cap growth equity and Russell 2000 Index fund managers in the first quarter.
The search for core and core-plus managers is being recommended as part of a 2024 pacing plan.
The retirement system could not come to an agreement with its previously hired manager.
The plan approved an asset allocation in March that introduced new targets to international small-cap equity and infrastructure.
The plan is seeking developed markets equity managers to handle a $50 million allocation.
The pension plan hired five non-U.S. equity managers and approved a new private equity portfolio structure last week.
The investment firm returned client assets as of April 30.