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The plan approved a new investment manager in late 2020.
The appointments are effective July 1, and expand on existing responsibilities.
The plan is conducting the search for diversification purposes.
The plan made commitments to one new manager and existing managers.
A Texan city is searching for a firm to provide non-discretionary management for its portfolio.
The city is seeking an investment advisor for its two deferred compensation plans.
His fund management duties will be assumed by other portfolio managers.
Their team will pursue growth investment opportunities in tech-enabled, software and healthcare services companies.
He supports all aspects of the decision-making process of the private credit team, including sourcing, structuring, performing due diligence and negotiating investment opportunities.
The plan interviewed three finalists in the search at a special meeting yesterday.