The plan will discuss adding a 3% private debt target at its board meeting on Friday.
The plan last conducted a search over 10 years ago.
The plan retained its incumbent following a similar search conducted in 2015.
Program is seeking up to two firms to handle four investment options.
Village is searching for a firm to manage $142 million in assets.
Plan currently works with general investment consultant Innovest Portfolio Solutions.
Plan will review two funds previously narrowed from a direct lending search presented in February.
The plan’s incumbent was first hired in 2016.
Plan will seek a real estate manager to diversify its portfolio.
Search is for a firm to provide record keeping, plan compliance support and administration, among other responsibilities.