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The plan promoted Private Equity Chief Anton Orlich to deputy cio for private markets and tapped a CPP Investments veteran to lead its Total Portfolio Approach efforts.
The state pension fund approved the hire at today’s board meeting, expanding its existing agreement with its alternatives investment consultant.
The deferred compensation plan previously conducted a search for the services in 2020.
The plans expect to evaluate proposals by their Sept. 10 board meeting.
The fund is targeting $1.25 billion in total commitments, with a final close expected within 12 months of its first close on June 8.
The pension plan hired a convertible bond manager to handle $35 million last month.
The endowment’s director of operations left last month to join a nearby retirement fund as head of investment operations.
The firm successfully completed its acquisition of the management agreements related to the manager’s Canadian fund business, which totaled approximately $19 billion in assets.
The firm has hired an executive managing director and head of family office services to lead the delivery of its wealth management, fiduciary, tax, estate and administrative services to clients.
The foundation last conducted a search for the services in late 2018.
