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Plan doubled the size of its social impact investment fund to $400 million from $200 million at its launch in 2018.
The analyst will provide technical assistance in administering the plan’s long-term investment policy.
The search follows the plan’s approval of a one-year agreement with incumbent Innovest Portfolio Solutions.
The plan approved a re-up commitment of up to $20 million in May.
The plan, which does not currently work with a consultant, has issued an RFP seeking an independent board investment consultant.
He will join the New York-based firm’s industrial growth team.
The previous CFO left the firm in March to become CEO of Janus Henderson Group.
The fund seeks unique direct co-investment and secondary investment opportunities.
District is searching for a firm to oversee $566 million in cash and investments.
Derrick Dagnan joined the $2.8 billion Fort Worth (Texas) Employees’ Retirement Fund in 2020 following a tenure at the $70.6 billion Tennessee Consolidated Retirement System that included his last role as deputy cio. He took the time to answer 5 Questions with FIN News.
