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The director will primarily build relationships with U.S. institutional investors.
The plan approved transitioning management of its three passive domestic large-cap equity mandates at a board meeting today.
The team will oversee $500 million in global equity strategies.
They previously worked in the private debt division of Tikehau Capital.
The search is due to the upcoming closure of its incumbent U.S. small-cap core equity manager.
The plan will invest in a newly formed local and minority-owned asset manager.
A Southern workers’ compensation fund has reissued an RFP seeking an investment manager to handle its self-insurance fund investments.
The plan hopes to use proceeds to invest in other opportunities.
The new hire will help design new and differentiated enhancements, according to a news release.
A West Coast city is searching for a firm to manage its $68 million investment portfolio.