The plan has posted its investment consultant services RFP as it looks to complete the search for best practices purposes.
He will lead a new venture capital platform.
He previously served as ceo of Omnitracs, a transportation and distribution fleet intelligence software platform.
He will oversee the firm’s global product strategy and product development.
City is searching for a firm to manage its $561 million investment portfolio.
The plan will make an initial $10 million investment in its first dedicated emerging markets equity manager.
The plan will invest more than $90 million overall in two existing relationships.
The plan approved private equity and credit commitments at today’s independent investment committee meeting.
The plan terminated the sole manager handling its $169 million portfolio.
The plan retained its incumbent this week following an evaluation process.