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He is currently evaluating other opportunities after departing the $11.5 billion retirement system in February.
The pension plan hired a new firm to provide administrative, investment advisory and custodial services last month.
The plan is looking to invest $50 million in the selected strategy.
The plan hired Barings to manage two customized funds.
The North Carolina House passed a bill on Wednesday that will see the creation of a pension board to oversee investment of the $126.5 billion North Carolina Retirement Systems.
The retirement plan and health care trust are conducting separate RFPs due to incumbent contract expirations and state procurement regulations.
D. E. Shaw Investment Management raised $1.3 billion in commitments for its second capital optimization fund.
The head of private credit will lead the firm’s private credit business and focus on platform-wide growth and expanding investment capabilities.
The pension plan made an up to $50 million private credit commitment last week.
The plan will target eight to 10 emerging buyout funds.
