Searches And Hires
The search will be conducted as part of a new policy to review vendor services every five years.
Plan is seeking closed-end funds for a $10 million to $15 million mandate.
The commitments include two custom mandates.
The plan committed a total of $45 million to two private equity strategies.
The system is looking for record keeping and other services on behalf of its 401(a) and 457(b) plans.
The plan added a private credit commitment at last month’s board meeting.
The plan received proposals from six consulting firms.
The plan replaced its intermediate fixed-income manager due to personnel changes at the firm.
The plan hired the firm for an $8 million mandate at its October board meeting.
The plan is looking to make its second investment in the asset class.
