The plan recently increased its domestic equity targets by reducing its floating rate corporate loans target.
He had been with the firm for 23 years.
She joined the firm in 2020 as a principal.
The transaction marks iM Global Partner’s ninth partnership.
The plan will target 5% each to the new asset classes.
The plan approved a new asset allocation for its Core Trust Fund yesterday.
The plan committed $910 million total to one new manager and two existing managers this week.
The commitment will fit into the debt-related special situations bucket of the plan’s private equity portfolio.
The plan disclosed two private equity commitments and its exposure to the bankrupt cryptocurrency exchange yesterday.
The fund focuses on early-stage start-up companies in the U.S. or Israel.