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Plan is seeking private debt managers to each handle an up to $100 million mandate and approved new asset allocation policies last week.
The new firm replaces Thompson, Siegel & Walmsley, which had been monitored for performance reasons since 2019.
He will help build out the firm’s solutions business as well as contributing to relationships with key institutional clients.
The new group combines the market advocacy and innovation and research team, the financial institutions group and the network management team.
Plan terminated its passive fixed-income manager to improve historical risk-adjusted performance.
He will spearhead efforts to design and deliver products and solutions for alternatives.
The nonprofit hired two firms as partner outsourced cios following an invitation-only RFP process last year.
The endowment made $30 million in initial investments from its $300 million social bond, which was issued in early 2021.
The university’s senior alternative assets manager retired in April after more than 14 years in the role.