The selected firm will serve from July 1 through June 30, 2028.
The new hire will join TCW in October from American Century Investments.
Casey Quirk analyzed 50 of the largest asset managers and found that roughly 20 firms grew their net new revenues at a rate greater than the industry average between 2009 and 2019.
The firm’s second fund is over 50% larger than its predecessor.
The pension plan will consider hiring two domestic large-cap growth equity managers later this month as part of an ongoing shortlist search.
The plan’s new project basis-consultant was chosen over finalists Hyas Group, Innovest Portfolio Solutions and Mesirow Financial.
The fund is managed by Blackstone Credit’s sustainable resources platform, which launched last year.
The new hire joined the plan from Capital Group last week.
The new hire spent the past 14 years at Goldman Sachs Asset Management.
The pension plan hired a firm to complement its existing fixed-income managers and rehired its general investment consultant yesterday.