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The fund is seeking subadvisors to manage assets for its investment pool.
He has co-managed the firm’s small-cap value fund since 2019.
The plan approved four private equity and real estate commitments at today’s board meeting.
Plan added real estate and real assets commitments totaling $60 million this week.
The transaction received shareholder approval on Aug. 3.
They will build out Advent’s consumer technology practice.
Plan’s new domestic mid-cap value equity manager will handle a 2.5% allocation.
He joins the wealth management firm from Russell Investments.
The transaction is expected to close in the first quarter of 2023.
The commission has concluded that a confluence of events involving several parties resulted in the theft of $3.5 million from the retirement system.
