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The fund has received an $100 million unrestricted grant to support its capital campaign and will deploy it by building a pooled endowment fund that will increase member institutions endowments by $10 million each.
Reid Kilberg will be responsible for business development in the Midwestern region.
The plans issued an RFP in June to “determine the optimum recordkeeper for the plans.”
She joins the firm with over 20 years of experience in the institutional investment industry.
The plan hired two hedge fund managers after conducting finalist interviews at a meeting today.
The fund and associated vehicles closed with $5.3 billion in commitments, marking the firm’s largest-ever fundraise.
Marcos Alvarado joins in the role as well as partner in February.
The pension plan’s cio recently approved two private equity commitments.
The firm has promoted two of its partners to managing partners.
The search comes as the incumbent consultant is nearing its 10-year contract term.