The plan took the interim tag off Terrill Sanchez’s title at today’s board meeting.
County will stick with the incumbent after receiving five proposals in response to an RFP for its 457(b) and 403(b) deferred compensation plans.
Plan added up to $1.6 billion in private equity and real estate commitments and disclosed a new private equity investment officer hire.
Plan rejected the commitment after receiving additional information about the firm’s ongoing litigation yesterday.
His Co-CIO will become sole CIO following his departure.
He will serve as head of infrastructure equity within the real estate and private markets group.
Plan disclosed commitments totaling $82 million and approved alternative investment pacing plans today.
Plan re-upped with a direct lending manager already managing funds in its portfolio.
The state passed legislation that requires Russian divestments.
The plan hired Ares Management to handle a new 5% allocation to opportunistic credit approved last year.