The plan hired one firm following finalist interviews at a special meeting held today.
The plan made private equity and private credit commitments in the third quarter.
The search follows the promotion of the previous director to cio.
The plans replaced its emerging market debt firm due to the departure of its portfolio management team.
The plan’s incumbent handles both strategies and was first hired in 2014.
The platform will invest in high quality senior secured loans in the U.S. and Europe.
The plan promoted its new executive director from within.
The plan will look to invest in two real estate funds to bring its allocation back up to 5%.
The firm will manage an international developed markets equity emerging manager-of-managers portfolio.
The plan has begun searching for a single person to serve as its ceo and cio.