The retirement plan also made a private equity commitment for pacing purposes in the second quarter.
The managing director will lead the firm’s consultant coverage efforts across the central U.S.
The board also disclosed a fixed-income manager termination last week.
The transaction is expected to close in the fourth quarter.
The head of global CLO issuance and capital markets role is newly created.
The new hire will help lead the continued development of the firm’s financing and debt capital markets capabilities.
The retirement system also approved a fiscal year 2027 real estate pacing plan last week.
The retirement system also hired a new hedge fund manager in the second quarter.
The plans also replaced a domestic large-cap growth equity manager due to underperformance.
The plans replaced their domestic mid-cap growth equity manager, which had been on watch since the fourth quarter.