The plan appointed an interim executive director at today’s board meeting while it conducts a search to permanently fill the role.
The hire concludes an RFI that was sent to seven overlay managers in September.
The plan recently committed to four private markets managers.
He joined the firm in September from Stockbridge Capital Group.
The search is due to the incumbents’ upcoming June 30 contract expirations.
The plan was notified of four commitments in closed session at yesterday’s board of investments meeting.
The managing director will help source and execute structured capital solutions.
The firm has appointed two new hires and an existing employee to its executive committee.
The plan hired two managers to fill its maiden domestic small-cap equity target and committed to a new timber manager in August.
The plan committed $10 million to an existing real estate manager last month.