Plan selected its first general investment consultant last week following finalist interviews held in October.
A Western city made a hire in its search for administration and investment management services as it looks to form a Section 115 Pension Trust.
These additions bring the firm to 47 partners and 20 principals.
He previously worked for Goldman Sachs.
They will serve to expand the firm’s presence in their respective regions.
Plan funded a new international equity manager and added alternatives commitments in October.
Pension fund increases its illiquid growth portfolio to 41% from 32%.
A Texas fire pension fund made a hire in its bank loan manager search at today’s board meeting.
Plan added five value-biased managers to its watchlist for performance reasons and removed an international equity firm based on improved performance.
The trust is seeking an inaugural investment advisor after widening allowable investments.