The search is for due diligence purposes as the plan has worked with its incumbent for “decades.”
The authorities launched searches in September as they neared the end of their five-year contract with their incumbent.
He joins from Veritas Investments, where he held the same position.
The plan conducted interviews with four finalists at a meeting today.
The firm announced the retirement of a portfolio manager, who has been with the firm for 38 years.
The plan received private debt and private equity pacing plans at its investment committee meeting this week.
The private equity fund exceeded its $3 billion target.
The search follows asset allocation changes approved in 2023.
The plan is seeking a new cio as its longtime incumbent will retire at the end of this month.
The firm focuses on control equity investments in middle market businesses.