The plan does not currently have a dedicated manager for emerging markets equity.
Plan committed to three existing managers at today’s board meeting.
He has assumed a part-time role as vice chair.
Plan switched domestic small-cap value equity managers in the first quarter.
The acquisition adds $200 billion in assets under management to Franklin Templeton.
The fund focuses on firms in the Mid-Atlantic, Midwest, Southeast and the Rocky Mountains.
He will lead the firm’s worldwide client and product functions.
Organization added a senior v.p. from another consulting firm.
CFO Dana Ousley and Head of Marketing and Client Relations Marta Cotton have been added as partners at the Dallas-based firm.
The two commitments will be funded from the plan’s public equity portfolio.