The plan will put its $8.9 billion index funds and real estate consultant services out to bid.
The plan agreed to advance a general investment consultant RFP and retain its private equity advisor.
Plan has issued a passive index manager RFP due to state procurement regulations.
Plan hired two passive investment managers in a search completed last week.
Plan has begun a search for passive investment management providers.
Plan will launch its RFPs for both private equity and private debt managers in the coming days.
A plan in the Midwest will seek board approval of scheduled transition and passive management RFPs next month.
Plan made several investment decisions in the first quarter.
The plan terminated a pair of mandates with Bridgewater Associates at today’s board meeting.
New plan approved both interim and long-term asset allocation targets and hired two passive managers to assist with an impending transition of assets.