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The executive director first joined the plan in 2020.
The senior partner will lead the firm’s newly established Washington D.C. office.
The merger will bring the firm to roughly €20 billion in combined assets under management.
The plan is looking for a replacement to longtime CIO Christopher Ailman.
The retirement systems concluded a general investment consultant search last month following finalist interviews held last quarter.
The termination results from a new asset allocation.
The plan launched a search last year due to the incumbent’s contract expiration.
The plan approved two commitments previously approved by its investment committee last month.
The institution rehired its discretionary investment advisor over two other finalists following the issuance of an RFP in the first quarter of 2023.
The fund approved a strategic new asset allocation that included a maiden target to private credit and increases to its allocations to private equity, bank loans, natural resources, infrastructure and cash at its board meeting last week.