The retirement system is also watching a hedge fund manager due to underperformance.
The plan last conducted a similar search in 2020.
The agency is seeking the services on behalf of its $129 million investment portfolio.
The plan has awarded approximately $1.2 billion across three managers.
The plan’s sole active large-cap growth equity manager has underperformed its benchmark.
The search was recommended to explore the space for a new core fixed-income manager.
The search is being conducted due to the upcoming contract expiration of incumbent CAPTRUST Financial Advisors.
The plan’s private markets portfolio accounts for more than half of its total assets.
The plan last conducted a general investment consultant RFP process in 2016.
Incumbent discretionary/outsourced cio Wilshire has underperformed for the one- and five-year periods ending Dec. 31.