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The pension plan made private markets commitments totaling $16.25 million last month and will consider a 2024 pacing plan this week.
The commitments were made under the discretion of staff.
The firm added a v.p. of sales to its institutional sales and client services team.
The pension plan received 237 applications in response to a nationwide search kicked off in November to replace Executive Director Ron Baker.
The authorities launched searches in September as they neared the end of their five-year contract with their incumbent.
He joins from Veritas Investments, where he held the same position.
Andrew Junkin is cio of the $105.9 billion Virginia Retirement System. He took the time to answer 5 questions with FIN News after last contributing in 2020.
The six managers will each handle a maximum of $600 million.
The court’s decision in favor of the consolidation of more than 600 local pension plans ends a multi-year legal battle.
The plan conducted interviews with four finalists at a meeting today.