The transaction is expected to close in the second half of 2022.
The index equity and tax-advantaged equity teams are joining the quantitative strategies team.
Meketa Investment Group has served as the agency’s investment consultant since 2014.
They will be responsible for capital raising and investor relations in North America.
The plan is seeking its first dedicated non-discretionary private credit consultant.
The plan will look to commit $240 million to private debt this year.
The fund closed with $1.95 billion raised.
The previous co-head left the firm in March.
The plan terminated its hedge fund investment after closed session manager reviews.
The plan’s emerging manager-of-managers replaced a firm within its global equity emerging manager-of-managers portfolio due to a critical personnel change.