Real Assets
The search is for an open-ended farmland manager to handle up to $22 million.
The new managing director was promoted following the recent retirement of her predecessor.
The plan created a 3% target to multi-asset credit earlier this year.
The pension plan also made credit and infrastructure commitments totaling $130 million last month.
Infrastructure marks a new asset class for the retirement fund.
The retirement plan will hear from six total firms across core and core-plus strategies in the coming months.
The pension plan recently made commitments totaling $945 million and terminated a domestic small-cap growth equity manager.
The pension plan also hired a manager to handle a customized treasury mandate.
The firm is targeting a $2.5 billion close for its second energy and power infrastructure credit fund.
Commitments to the private infrastructure fund market ticked up amid a stronger fundraising environment as institutions seek strategies that offer inflation protection and stability.