Plan’s investment advisory committee agreed to endorse a private markets consultant recommendation that will require full board approval later this month.
The plan is seeking developed market international equity products.
The plan has been expected to issue an RFP for domestic small-cap growth equity managers.
The plan is seeking a firm to provide record keeping, administration and investment services.
He works with existing and prospective investments into businesses in the specialty materials, chemical and pharmaceutical sectors.
David Villa had served as the cio of the $145 billion plan since 2006.
The cio of a mid-Atlantic institute will retire from the organization.
Cammack expects to grow its investment research team following the transaction, the firm said.
The plan disclosed three commitments previously approved in closed session this week.
He will be responsible for raising capital in North America for all of Starwood’s private investment funds and co-investments.