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Two managers were selected to manage the capital investment vehicle designed to channel private capital to mission-driven banks due to their complementary backgrounds.
She joined the firm in 2020 as a principal.
The plan has scheduled a meeting with a manager after placing the firm on watch this quarter.
The plan made commitments to two existing managers at a meeting last month.
The plan will begin the search in the first quarter.
The plan has issued an RFP seeking a domestic large-cap growth equity manager to handle $34 million.
A former cio is suing his previous employer under the state’s whistleblower act.
The plan added up to $340 million in commitments to existing private equity and real estate manager relationships.
The plan added up to $1.625 billion in new commitments at last week’s meetings.
The transaction marks iM Global Partner’s ninth partnership.
