The plan made an up to $50 million commitment to an existing relationship at its meeting last week.
The search will be conducted due to the upcoming contract expiration of incumbent Albourne.
The plan will interview the manager for a potential commitment at its January meeting.
The pension plan committed $21.25 million total to five private markets managers last month.
The pension plan will liquidate its $227.5 million timber mandate and $106.4 million farmland mandate due to underperformance.
The London-based investment firm focused on energy has acquired a U.S.-based private equity firm focused on sustainability investments.
The university disclosed follow-on commitments with existing private equity and natural resources managers within its long-term portfolio made in the third quarter.
The retirement system disclosed recent private equity and infrastructure commitments from the beginning of the fourth quarter.
The pacing plans call for a total of $835 million across the two asset classes.
The search will be conducted as part of a new policy to review vendor services every five years.