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The trust has promoted its interim director of investments as v.p. of investments and finance to oversee and manage its investment portfolio on a permanent basis.
The current ceo announced her retirement last month.
The hire concludes an investment advisor RFP search launched in August.
The fund focuses exclusively on founder-led and family-owned businesses with EBITDA of more than $15 million.
The search is to potentially replace a current underperforming manager.
The plan decided to move one of its active international equity managers to passive management following performance concerns.
The retirement system will consider hiring two active domestic fixed-income managers and approving a structure for its new private debt portfolio this week.
The plan last conducted a search for services in 2018.
Consulting firm acquires Lyxor U.S. and its $20.8 billion in assets under management.
The pension fund is seeking one or more private equity secondaries products diversified by underlying fund strategy and geographic focus.