The firm closed five venture capital strategies with $1.6 billion in total commitments.
The pension plan hired five non-U.S. equity managers and approved a new private equity portfolio structure last week.
The pension plan approved a credit commitment with an existing manager relationship last month.
The new ceo has been with the firm since 1997.
The pension plan’s cio recently approved two real assets commitments.
The search stems from the upcoming Jan. 31 contract expiration of incumbent Empower Retirement.
The search is being conducted for best practices.
The pension plan received a recommendation to hire two infrastructure managers and disclosed two private equity commitments last month.
The pension plan will consider hiring five non-U.S. equity managers and approving a new private equity portfolio structure this week.
The pension plan liquidated its approximately $1.9 billion global equity mandate and made commitments totaling $1.6 billion in March.