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The retirement system made a change in international equity managers to better capture a balance between growth and value.
Aon found itself at the center of a date discrepancy stemming from errors in the reporting of investment returns in 2020.
The firm also closed its Secondary Overflow Fund V for secondary co-investment opportunities.
The hire followed a search launched in April for a single manager to handle $250 million to $300 million.
The plan hired a passive international equity manager to replace an active mandate in May.
The search is due to the June 30, 2025 contract expiration of the plan’s incumbent.
The defined contribution plans have issued a general investment consultant RFI for best practices.
A foundation based in the Midwest allocated to an emerging markets equity strategy with a focus on sustainability last year.
The pension plan has also hired a senior investment analyst of real assets.
The firm’s current managing partner and ceo will retire early next year.