The investment and operations committee approved discretionary private credit and non-core real estate partnerships at this week’s meeting.
The board was notified of a recent domestic high-yield fixed-income manager hire for two of its investment plans.
The incumbent will serve for a three-year term.
The plan hired a new emerging markets equity manager after interviewing three finalists today.
The search will target equity and debt strategies.
The retirement system made domestic mid-cap growth and value equity manager changes this month.
The retirement board selected a new emerging markets equity manager following finalist interviews held last month.
The retirement system has been working with its incumbent consultant since 1987.
The search for a manager to handle $30 million was approved at a board meeting last week.
The plan is seeking broadly diversified core open-end real estate strategies.