The plan launched a search late last year due to the contract expiration of its incumbent.
The plan approved private equity and tangible assets commitments at its meeting today.
He first joined the firm in 2020 and serves as a portfolio manager on the firm’s mid-cap growth fund.
The search follows the addition of a maiden 3%, or $350 million, target to the asset class in March.
The managing director will head up the firm’s business development and investor relations efforts.
A former Blackstone director has joined the firm and is focused on portfolio management.
He leads the middle market private equity firm’s business development team.
The position will lead and provide oversight for the private markets portfolio and head a team of four.
The firm added the new client portfolio manager to its team this week.
A global investment firm has received a growth capital investment to expand business lines, including its nonprofit clients.