Cohen & Steers has promoted Daniel Noonan to head of global distribution.
The program, which will officially launch in 2027, has begun a search for an investment consultant.
The firm’s third dislocation fund surpassed its initial hard cap of $4.25 billion.
The plan terminated a domestic large-cap growth equity manager last month.
The firm has made several additions to its client solutions team to focus on the institutional channel.
Kingswood Capital Management has received a passive minority investment from Bonaccord Capital Partners.
The pension plan reviewed investment advisor proposals from four firms at a meeting last week.
FIM Partners has entered into an agreement with Loomis, Sayles & Company to acquire its Global Emerging Markets Equities investment team.
The plan will look to commit up to $400 million to a private equity fund at its board meeting later this month.
The plan hired a new investment manager for its pension fund in September.