The plan hired two managers to fill its maiden domestic small-cap equity target and committed to a new timber manager in August.
The plan also disclosed private equity, real estate and strategic investments from the third quarter.
The plan will begin with a mid-cap growth equity manager search in January.
The plan will also interview three diverse-focused private equity managers next month.
The search follows a recent portfolio manager departure from its incumbent manager.
He has co-managed the firm’s small-cap value fund since 2019.
The plan terminated an underperforming international equity manager and made a venture capital commitment last month.
The plan is seeking international developed markets large-cap value managers due to the upcoming contract expirations of its incumbents.
The plan will issue RFPs within the next two months due to standard state procurement laws.
The fund will focus on lower middle market service industry companies.