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The university is searching for two investment analysts to primarily help with monitoring and due diligence of managers across its public equity, private equity and venture capital assets as well as its credit, hedge fund and real assets portfolios.
The board also recently made a private equity commitment.
The termination stems from personnel turnover at the firm.
The consultant will be responsible for a pension fund and an OPEB Trust.
The university approved the appointment of a managing partner at a health care and technology-focused venture capital firm as a new member to its board of trustees earlier this year.
The retirement system retained its incumbent after an RFP process last quarter.
The university is seeking an analyst to support its day-to-day finance, operations and compliance activities.
Ares Management has closed its third global asset-based finance fund and related vehicles at $8.5 billion in LP commitments.
The plan is seeking a firm to handle its $511.5 million domestic small-cap value equity option.
The system expects to issue a general investment consultant RFP tomorrow.