The pension plan has issued a general investment consultant RFP due to an upcoming contract expiration and will launch an active domestic large-cap value equity manager search as part of a portfolio structure review.
The retirement system is seeking a replacement for Deputy CIO Zack McGuire, who joined Children’s Healthcare of Atlanta earlier this year.
The hire concludes a search launched in July due to incumbent Innovest Portfolio Solutions’ upcoming contract expiration.
The hire represents an expansion of the firm’s liquid credit team.
The pension plan expects to meet to discuss future recruitments after its inaugural cio resigned earlier this month, as previously reported by FIN News.
The pension plan’s new hire reports to Director of Real Estate C.H. Meili.
The pension plan shifted its emerging manager program to a U.S. small-cap equity mandate to increase its chances of achieving excess returns.
The hire concludes a search launched in April due to incumbent Cook Street Consulting’s contract expiration.
The search may fill two vacancies within the plan’s investment staff.