The plan has enlisted executive recruiting firm EFL Associates to assist with its search for a new cio.
The Newark-based firm has $2 billion in assets under management.
He is responsible for capital development and managing relationships with institutional investors.
The London-based firm was launched in June 2020.
A Virginia plan added two private equity commitments with existing managers.
The plan started with a $3 million commitment to the space and may look to add a second commitment later.
She will lead the firm’s research department and oversee investment activities.
She will work on company strategy and lead ESG initiatives.
The proceeds will provide additional investment capital.
A Rocky Mountain city is searching for a firm to oversee its $50 million cash and investment portfolio.