The plan hired several managers at its board meeting today, totaling more than $1 billion.
The commitments conclude a real estate search that began last year.
The plan has current managers in the two asset classes.
The commitments include maiden investments in private credit.
The plan conducted a search earlier this year due to the incumbent’s expiring contract.
The plan is searching for infrastructure managers after creating a maiden target to the asset class last year.
The managing director works with nonprofit, religious, public and corporate clients and has been with the firm for over 25 years.
The plan’s current manager was first hired in 2017.
The plan hired its new executive director from within its organization following a search from earlier this year as its leader is set to retire.
The cio will depart the plan after more than 23 years with the organization.