The portfolio’s investment process is currently overseen by the authority’s cfo.
The plan disclosed two new private equity commitments made since its last board meeting.
The plan saw the departure of its former executive director earlier this month.
He departed the plan last week after joining in 2018.
The district is seeking a firm to provide investment management services for its $269.4 million portfolio.
The commitment goes to a fund that will make local investments.
The firm has appointed Vis Nayar as cio effective June 3.
He joins the firm later this year to lead a new specialist international small and mid-cap equities investment franchise.
The commitments complete a search issued late last year as part of the plan’s annual pacing plan for the asset class.
The search has been expected as part of the plan’s 2024 private markets pacing plan.
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