The pension plan approved one credit and three real estate commitments totaling $180 million at yesterday’s investment committee meeting.
The new hire spent the past 16 years at Vanguard Group, where he most recently served as senior director of consultant relations.
The firm has lifted five new employees from Aviva Investors.
Northwestern Mutual will acquire a minority equity interest in Sixth Street.
The pension plan hired a domestic core fixed-income manager after increasing its target allocation to the asset class in the second quarter.
The plans terminated their mandate with domestic core-plus fixed-income manager Western Asset Management and hired a new record keeper in the fourth quarter.
The strategic, minority investment was made through Blackstone’s GP stakes business.
The deal will see approximately $6 billion in assets transferred to MetLife Investment Management.
The plan also received asset/liability stress test results from project-basis consultant Agilis at today’s board meeting.
The hire concludes an RFQ search launched in September.