The retirement fund also disclosed commitments totaling roughly $1.2 billion in July and August.
The retirement system also replaced its domestic small- to mid-cap core equity manager last month.
The market managing director previously worked at PNC between November 2010 and December 2012.
The deferred compensation plan also placed its domestic small-cap value equity manager on watch yesterday.
The firm’s president will assume the ceo role in April.
The retirement plan hired three hedge fund managers in the first quarter.
The new head of U.S. distribution has been with the firm for 23 years.
The investment officer will assist Executive Director and CIO Jon Salstrom in managing the retirement system’s portfolio.
The retirement plan transitioned its domestic small-cap growth equity allocation to passive management in the second quarter.
The retirement system also recently made private markets commitments totaling $16.5 million.