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The plan concluded a global equity search conducted in the fourth quarter.
Plan added commitments totaling roughly $2.7 billion with six existing managers and two new managers in March.
Plan is targeting direct lending strategies and will award up to $600 million per mandate.
Plan approved the search and canceled its investment in a new opportunistic credit manager yesterday.
Plan committed up to $130 million to two funds this week.
The previous executive director has retired after serving more than 18 years
She will help cover non-core U.S. real estate, ESG and industrial strategies.
She will oversee the London-based firm’s North American operations.
He will help oversee a $35 billion fixed-income portfolio.
The search is being conducted to comply with standard state procurement laws.
