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The system is seeking a consultant for its cash and endowment pools after conducting a similar search in 2019 for standard due diligence purposes.
The pension plan hired the manager as part of a new domestic equity structure.
The foundation is conducting the search to change investment advisors due to challenges surrounding the proximity of its incumbent advisor.
The foundation retained its incumbent provider following a similar search six years ago.
Yue Bonnet will lead the firm’s investment activities.
She joined the plan last month from the Virginia Retirement System.
The pension plan’s cio recently approved three private equity commitments.
The plan will issue an RFP later this year due to standard state procurement laws and has also tabbed several private markets searches.
The incoming ceo joins from the largest state retirement system.
The plan scheduled its annual commitments for private equity, private debt, real assets and real estate.