The plan has begun a search for its $6.2 billion core fixed-income asset class.
The plan will issue an RFP for a general investment consultant.
The plan is searching for a firm to provide record keeping and administration services.
The plan selected a new investment consultant at a board meeting last month.
He will lead the firm’s hedge fund research.
The new hires include two fund managers and an analyst.
They will oversee human capital, ESG and corporate social responsibility, communications and brand marketing.
The outgoing managing director was first hired in February 2020.
He will be responsible for accelerating the firm’s sustainability transformation in the region, according to a client letter.
The plan posted an RFP for general investment consulting services yesterday.