The plan committed to a new private equity manager last week.
The duo will build, grow and manage Franklin Templeton’s partnerships with both existing and prospective institutional clients.
The plan approved criteria for its short-duration fixed-income manager search and made an opportunistic real estate commitment for pacing purposes last week.
The new policy will help the plan achieve its 6.5% assumed rate of return over the next 10 years.
The analyst will report to Director of Private Equity Allen Waldrop.
She will temporarily fill a position left vacant by Mike Barnhill, who joined the $76.7 billion Alaska Permanent Fund Corporation last month.
The firms will form Lazard Family Office Partners, which will provide strategic advice, wealth planning and investment solutions across public and private markets.
The Treasury is seeking a firm to assist investment staff in managing its $37.7 billion investment portfolios.
The plans increased their private equity targets after receiving an asset allocation study in October.
The plan committed $120 million total to two existing manager relationships this week.