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Five-member value team expects to officially spinout as a new, Boston-based firm in the first quarter.
The plan committed a total of $175 million to two funds and hired an unnamed domestic equity manager at its meeting last week.
The fund will invest in technology companies across niche sectors within large and growing markets, the firm said.
The fund will make equity investments in core and core-plus infrastructure assets.
Plan disclosed three investment staff promotions and an impending investment analyst hire.
The investment will provide Horizon with resources to further cement its position in goals-based investment solutions.
The plans made a hire in their search for a new domestic large-cap value equity manager this month.
A Mid-Atlantic county is searching for a firm to update the investment policy for its deferred compensation plan.
He will be responsible for the New York-based private equity firm’s investment processes and transaction execution.
He will be responsible for leading the firm’s investment teams and commercializing and growing investment capabilities for the business.