The new hire joins the firm from BlackRock, where he was head of the Americas fundamental fixed-income product strategy.
The plan will conduct a private debt search focusing on European special situations strategies and made two commitments totaling $50 million this week.
The plan recently considered replacing its domestic core-plus fixed-income manager due to underperforma
The pension plan updated its asset allocation policy for fiscal year 2025 and beyond after receiving an asset allocation review this week.
The incumbent international large-cap value equity manager had been on watch due to underperformance, asset outflows and organizational changes.
The investment analyst joined the plan from the State of Wisconsin Investment Board.
The new global head of fixed-income will join the firm in August.
The authority last issued an RFP for investment management services in 2019.
The agency issued an RFP in March due to the incumbent’s contract expiration.