The plan recently hired a domestic small- to mid-cap growth equity manager and terminated a domestic large-cap firm.
The acquisition is expected to close in the first half of this year.
He will retire in June after co-founding the firm in 2004.
The new hire and promotion are in conjunction with the cio’s upcoming retirement.
His resignation follows a personal trip to the United Arab Emirates to receive a COVID-19 vaccine.
The plan hired a venture capital manager at its board meeting yesterday.
The plan has issued an RFP for administrative and record keeping services.
A Midwestern plan approved a new non-U.S. equity structure and a real estate commitment at its board meeting today.
An East Coast transportation authority concluded its search for pension fund investment and trustee services at a board meeting this month.
The appointments follow the death of Executive Director and CIO David Villa.