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The new hire will assume leadership responsibilities across the firm’s $221.2 billion equities platform.
The new hire joins from Columbia Threadneedle Investments.
The plan disclosed commitments totaling $300 million at a meeting last month.
The retirement system added a $75 million commitment to an existing manager relationship last month.
The plan’s board will vote on a recommendation at a meeting later this month following finalist interviews this week.
The district is looking to consolidate from three advisors to a single firm to provide the services for various funds.
The fund was slated to receive recommendations to restructure its real estate portfolio and add extended equity managers to its portfolio at its board meeting last week.
The firm has named a head of distribution for its institutional outsourced cio practice, housed within subsidiary PFM Asset Management, to support its go-to-market strategy for consultant relations.
The university is considering extending the general investment consultant’s contract for an additional one-year period.
Private foundations reported relatively better average annual returns than their community foundation counterparts for 2022, however, the average annual returns declined from the previous year, representing the largest average year-over-year decline for foundations since the Global Financial Crisis.