Systems’ cio lost a battle with cancer earlier this month.
The team will manage a newly launched global listed infrastructure equity strategy.
She will oversee financial analysis, modeling and forecasting.
The firm’s CEO is also retiring at month-end.
Plan decided not to fund the mandate due to the ongoing Russia-Ukraine war.
The system is searching for a firm to manage its other post-employment benefit trust.
City has hired a firm to serve as an investment advisor and custodian for its $150 million portfolio.
Plan approved a follow-on growth equity commitment to a JMI Equity last month.
Plan made private equity and real estate commitments totaling approximately $250 million at this week’s meeting.
The plan will receive a search report from its general investment consultant next month after opting to terminate its existing manager, which had been on watch for performance since 2019.