The retirement system is searching for an investment officer to help oversee its $78 billion private equity portfolio.
Chris James has been appointed global head of tactical opportunities as David Blitzer transitions to chair.
The plan had placed Western Asset Management on watch earlier this year.
The county rehired the investment consultant that serves on behalf of its defined benefit plan, OPEB trust and LOSAP program trust.
The retirement system will conduct a full search for emerging managers-of-managers after reviewing a consultant presentation on available options at today’s meeting.
The pension had launched a search for a new manager in May.
The county deferred compensation and defined contribution plans swapped out an incumbent core-plus fixed-income manager under scrutiny from the SEC.
The alternative asset manager added three members to its institutional business development team.
The plan hired an emerging manager consultant this summer.
CLARIFICATION: The West Virginia Investment Management Board committed $70 million each to ABR Capital Partners’ ABR Chesapeake Investors VII and TPG Angelo Gordon’s TPG AG Credit Solutions Fund III at its July 22 real estate committee meeting. Incorrect fund names and commitment amounts were included in yesterday’s FIN Daily based on plan provided materials.