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Infrastructure represents a new asset class while the high-yield search is due to procurement rules.
The appointments follow the death of Executive Director and CIO David Villa.
The plan approved two commitments at a meeting today as part of its private markets pacing plan.
The new hire will build out and spearhead the firm’s investor relations team.
The previous CIO became Aviva Investors’ CEO last month.
A Northeastern lottery commission is searching for a firm to manage its $7 million short-term bond fund.
The transaction closes in the second half of this year.
Search is to replace its outgoing executive director, who first joined the plan in 1991.
The plan added an infrastructure commitment in January and funded several new investments in December.
BCI will target a cumulative $5 billion investment in sustainability bonds and reduce the carbon exposure in its global public equities portfolio by 30% by 2025, from a 2019 baseline.
